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Federal Reserve Governor Barr: There are signs that artificial intelligence is replacing labor in some industries. If this change happens too quickly, "it could cause a massive employment shock."

2026-11-12

Federal Reserve Governor Barr: There are signs that artificial intelligence is replacing labor in some industries. If this change happens too quickly, "it could cause a massive employment shock."

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2026-11-12

Investors are currently cautious, assessing the potential market impact if Jensen Huang is removed from his position as CEO of Nvidia. "Nvidia is becoming a major headache for the entire AI concept trade," said Dilin Wu, a strategist at Pepperstone

Investors are currently cautious, assessing the potential market impact if Jensen Huang is removed from his position as CEO of Nvidia. "Nvidia is becoming a major headache for the entire AI concept trade," said Dilin Wu, a strategist at Pepperstone Group Ltd. "Huang has been the face of the company for decades, so it's not surprising that reports of the board potentially replacing him are unsettling investors, especially with just days until the company's earnings release." She further stated, "The market is worried not only about who will succeed him, but also about whether Nvidia can maintain its strategic direction, customer relationships, and execution capabilities without Huang at the helm. This is a major question for a company so central to the AI boom." She added that Asian markets will find it even harder to ignore if Nvidia's uncertainty begins to affect investment plans, customer orders, or earnings expectations.
2026-11-12

Foxconn said it is cautious on the 2027 PC product outlook as memory supply remains tight.

Foxconn said it is cautious on the 2027 PC product outlook as memory supply remains tight.
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