News
Former NY Governor Cuomo cops misdemeanour sex offence charge
Former Governor of New York Andrew Cuomo has been charged with a misdemeanour sex offence filed on Thursday
The criminal complaint charging Mr Cuomo with a misdemeanour sex offence was filed in an Albany Sheriff’s office on Thursday, the first prosecution case stemming from a misconduct scandal which led to his resignation.
The filing from the Albany County Sheriff’s Office, accusing Cuomo of groping a woman under her blouse, was first confirmed by a spokesman for the New York state courts, Lucian Chalfen.
In an emailed statement, Chalfen referred to an alleged “sex crime” committed by Mr Cuomo.
Representatives for the former Governor of New York weren’t anywhere to be seen when the news broke, with local media reports stating enquiries went unanswered.
63 year-old Cuomo stepped down as New York Governor two months ago under mounting legal pressures and calls to resign made by fellow Democrats – including US President Joe Biden.
The district attorney for Albany County, David Soares, issued a statement suggesting that the sheriff’s office had acted independently of local prosecutors
“Like the rest of the public, we were surprised to learn today that a criminal complaint was filed in Albany City Court by the Albany County Sheriff’s Office against Andrew Cuomo,” Soares stated, adding that his office would comment no further.
A copy of the complaint posted online by WNBC-TV media network in New York stated that Cuomo engaged in the misdemeanour offence of “forcible touching” on the date of December 7, 2020, at the governor’s Executive Mansion by placing “his hand under the blouse shirt of the victim, and onto her intimate body part.”
The complaint details that Mr Cuomo then “fondled” the woman’s breasts “for purposes of degrading and gratifying his sexual desires”
The name of the woman making the complaint against Cuomo has been suppressed for legal reasons.
News
AI stocks surge amid market shifts and spending warnings
AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.
AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.
The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.
Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.
Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.
These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.
Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.
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#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews
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AI investments set to surge in 2026 as companies target productivity gains
Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.
Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.
Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.
Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.
AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.
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#AIInvestment #TechGrowth #FutureEconomy #DataCenters #Semiconductors #ArtificialIntelligence #ProductivityBoost #CapitalSpending
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Stocks, AI and the economy: What to expect in 2026
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!
2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.
Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.
From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.
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