Technology shares fell sharply around the world Tuesday as investors questioned whether AI spending will produce profits that justify lofty valuations. SpaceX, chipmakers and memory stocks led the declines, while inflation and interest-rate concerns added pressure.
Posts tagged as “Francisco Diaz”
The Supreme Court heard arguments on Tuesday in a case that could determine the future of the Consumer Financial Protection Bureau (CFPB). Noel Francisco, who argued on behalf of the trade associations challenging the CFPB's funding structure, faced tough questioning from the justices. If the court rules in favor of the trade associations, it could gut the agency’s funding and have a major impact on the post-financial crisis regulatory landscape. The Supreme Court is expected to issue a ruling on the case in the coming months.
Julian Khater, who admitted to spraying U.S. Capitol Police officer Brian Sicknick with pepper spray during the Jan. 6, 2021 Capitol attack, was sentenced to 80 months in prison in a Washington, D.C. courtroom packed with Sicknick's colleagues and fellow officers. George Tanios pleaded guilty to disorderly conduct and entering and remaining in a restricted building. Judge Thomas Hogan said that he did not know what had motivated Khater to push his way through the crowd.