In this article META Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 5:55 05:55 New Mexico AG Raul Torrez on $375M Meta ruling: What we want is a safer space for our kids online Squawk Box New Mexico is continuing to seek changes from Meta following a jury's decision to hold the company liable for failing to safeguard children on its platforms, Attorney General Raúl Torrez told CNB...
In this article META Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 5:55 05:55 New Mexico AG Raul Torrez on $375M Meta ruling: What we want is a safer space for our kids online Squawk Box New Mexico is continuing to seek changes from Meta following a jury's decision to hold the company liable for failing to safeguard children on its platforms, Attorney General Raúl Torrez told CNBC on Wednesday. "We're going to be asking for injunctive relief," Torrez said on CNBC's " Squawk Box " about the next phase of the trial to address the state's public nuisance claim. "That means changes to the design features of the platform itself, real age verification, changes to the algorithm, an independent monitor to oversee those changes and fundamentally a demand that they do business differently in New Mexico," he said. A jury ruled Tuesday that Meta must pay the state $375 million for failing to adhere to New Mexico laws designed to protect children from online exploitation. "We respectfully disagree with the verdict and will appeal," a Meta spokesperson said following the jury's decision. The second phase of the trial, which will not be with a jury, begins May 4. "We will be asking for more financial relief for the state of New Mexico to remedy that, to help support our kids and create a safe digital environment," Torrez said. watch now VIDEO 1:35 01:35 New Mexico jury orders Meta to pay $375 million in damages Fast Money Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Nebius (NASDAQ: NBIS) just landed one of the biggest AI infrastructure deals on record, one that could change its entire growth story. The upside looks massive, the revenue ramp could surprise investors, and the risks may be exactly what the market is struggling to price correctly. Stock prices used were the market prices of March 17, 2026. The video was published on March 23, 2026. Continue readi...
Nebius (NASDAQ: NBIS) just landed one of the biggest AI infrastructure deals on record, one that could change its entire growth story. The upside looks massive, the revenue ramp could surprise investors, and the risks may be exactly what the market is struggling to price correctly. Stock prices used were the market prices of March 17, 2026. The video was published on March 23, 2026. Continue reading
Everything from stocks to bonds to gold and silver have rallied since late Tuesday, while crude oil has dipped. The dollar is modestly weaker, while Bitcoin and other cryptos are stronger.
Everything from stocks to bonds to gold and silver have rallied since late Tuesday, while crude oil has dipped. The dollar is modestly weaker, while Bitcoin and other cryptos are stronger.
wellesenterprises American Express ( AXP ) Chairman and CEO Stephen Squeri sees the company's combination of membership assets and its closed-loop model as well suited to leverage AI in the next phase of commerce, he said in a letter to shareholders on Wednesday. He points out that while agentic commerce can accelerate the discovery and transaction process, it can also add new layers of complexity...
wellesenterprises American Express ( AXP ) Chairman and CEO Stephen Squeri sees the company's combination of membership assets and its closed-loop model as well suited to leverage AI in the next phase of commerce, he said in a letter to shareholders on Wednesday. He points out that while agentic commerce can accelerate the discovery and transaction process, it can also add new layers of complexity and risk. " This makes managing identity, authorization, fraud risk, and liability of paramount importance for agentic commerce to be adopted broadly," Squeri said in the letter. The company is focused on three priorities in agentic AI, he said: Embedding American Express payment capabilities into emerging AI ecosystems. "By making it easy for partners to embed our capabilities, our aim is to play a central role in delivering agentic transactions with the trust, security, and differentiated value our customers expect from American Express," Squeri said. Making membership assets discoverable and actionable on leading AI platforms. The company plans to enable select AI platforms to surface and activate several of American Express's differentiated assets, including Resy's restaurant inventory search and booking, search, benefits, and booking capabilities through American Express Travel. Building proprietary AI-powered experiences on its own platforms. The company plans to introduce enhanced dining discovery and booking features within the AmEx app, enable new AI-powered experiences and discovery in its Resy and Amex Travel apps, and pilot real-time, geolocation-based capabilities for Amex Offers. "We believe the responsible use of AI will help us drive operating leverage, make faster, better decisions, and enable us to deliver more seamless experiences for our customers, while upholding the trust and security that define our brand," Squeri said. Shares of American Express ( AXP ) edged up 0.1% in early Wednesday trading. More on American Express American Express: Fairly Value...
The Sony-Honda joint venture has killed plans for its Afeela sedan and SUV electric vehicles. The news comes shortly after Honda reversed its plans to launch more electric vehicles in the U.S.
The Sony-Honda joint venture has killed plans for its Afeela sedan and SUV electric vehicles. The news comes shortly after Honda reversed its plans to launch more electric vehicles in the U.S.
adventtr Shares of Arm Holdings ( ARM ) surged Wednesday after the semiconductor firm unveiled new data center–focused CPUs and raised its sales outlook, signaling stronger demand for its latest chip designs. The stock climbed 16.5% and is now trading near $156.50, as investors responded positively to the company’s expanding presence in high-growth AI and cloud infrastructure markets. ARM’s rally ...
adventtr Shares of Arm Holdings ( ARM ) surged Wednesday after the semiconductor firm unveiled new data center–focused CPUs and raised its sales outlook, signaling stronger demand for its latest chip designs. The stock climbed 16.5% and is now trading near $156.50, as investors responded positively to the company’s expanding presence in high-growth AI and cloud infrastructure markets. ARM’s rally also lifted a range of exchange traded funds with significant exposure to the company. The stock is held by 85 ETFs, which collectively own roughly 7.8M shares, underscoring its growing influence across passive investment vehicles. Funds with the highest allocations to ARM stand to benefit the most from the move, highlighting how concentrated positioning in key semiconductor names can amplify gains across broader technology-focused portfolios. Outlined below are the 10 ETFs with the largest portfolio allocations towards ARM. Arm Holdings PLC ADRhedged ( ARMH ), 96.89% allocation. Roundhill ARM WeeklyPay ETF ( ARMW ), 26.64% allocation. Renaissance IPO ETF ( IPO ), 6.53% allocation. VanEck Fabless Semiconductor ETF ( SMHX ), 4.36% allocation. Neuberger Berman Disrupters ETF ( NBDS ), 4.31% allocation. YieldMax Target 12 Semiconductor Option Income ETF ( SOXY ), 4.18% allocation. YieldMax Semiconductor Portfolio Option Income ETF ( CHPY ), 3.77% allocation. Pacer Data and Digital Revolution ETF ( TRFK ), 3.73% allocation. Global X AI Semiconductor & Quantum ETF ( CHPX ), 3.62% allocation. TrueShares Technology, AI & Deep Learning ETF ( LRNZ ), 3.25% allocation. Other Semiconductor ETFs: ( SMH ), ( SOXX ), ( SOXL ), ( FTXL ), ( XSD ), ( USD ), ( PSI ), and ( SEMI ). More on markets Exxon Mobil tops Nvidia in valuation amid the ongoing Middle East conflict AI boom and an economic bust: Citrini Scenario gains momentum in prediction markets AI now dominates equities, bonds, and venture capital flows, Apollo warns Cantor Fitzgerald sees the current market pullback as a possible op...
Kittisak Kaewchalun A bipartisan group of senators has reached a deal on a bill that would cap the cost of insulin at $35 a month for individuals who receive insurance through their employer or a state marketplace. Also, the legislation includes a pilot program in 10 states that would also permit those who lack insurance to purchase insulin at the cheaper price, Semafor reported. The bill, titled ...
Kittisak Kaewchalun A bipartisan group of senators has reached a deal on a bill that would cap the cost of insulin at $35 a month for individuals who receive insurance through their employer or a state marketplace. Also, the legislation includes a pilot program in 10 states that would also permit those who lack insurance to purchase insulin at the cheaper price, Semafor reported. The bill, titled the "Improving Needed Safeguards for Users of Lifesaving Insulin Now Act of 2026," will be introduced by Sen. Jeanne Shaheen (D-N.H.), along with Sens. Susan Collins (R-Maine), Raphael Warnock (D-Ga.), and John Kennedy (R-La.). Semafor noted that the bill still has a ways to go before it potentially becomes reality. Its sponsors need to persuade Senate Majority Leader John Thune (R-S.D.) that the legislation can pass and that President Trump will sign it into law. " This is something that [Trump] should support," Shaheen said. "Because it is 'affordability.'" It's an issue that affects millions of Americans, and even more when you add in all of the people affected by the disease." More on Sanofi Dupixent's Impact On Sanofi: A Quantitative Projection Of Its Revenue Need Growing EPS And Dividends? Prescribe Sanofi Sanofi: CEO Leaves With Project Rejuvenation Unfinished, But Stock Undervalued Sanofi replaces CEO Paul Hudson, names Belén Garijo as successor Sanofi anticipates profitable growth to continue over at least five years
Agentic artificial intelligence and advanced packaging technology will be key growth drivers for China’s chip industry in coming years, as the country is expected to increase its share of chipmaking capacity to nearly half of the world’s total by 2028. According to data revealed at Semicon China, the world’s largest chip industry trade show, China’s share of wafer fabrication capacity for mainstre...
Agentic artificial intelligence and advanced packaging technology will be key growth drivers for China’s chip industry in coming years, as the country is expected to increase its share of chipmaking capacity to nearly half of the world’s total by 2028. According to data revealed at Semicon China, the world’s largest chip industry trade show, China’s share of wafer fabrication capacity for mainstream processes was expected to reach 42 per cent of global capacity by 2028. That would mark a rapid...