News
“Like a movie scene” – Reporter on the ground describes Kentucky tornadoes
A Kentucky-based reporter who’s been covering the devastation caused by recent tornado events has told ticker NEWS the havoc caused is “like a movie scene”
Speaking to ticker NEWS on Monday, Chad Hedrick, a reporter for CBS affiliate WKYT in Kentucky says the recent weather events have left hundreds without a home, multiple dead and described the feeling on the ground as a ‘movie scene.’
Up to 100 people have been killed in a devastating series of tornadoes that ripped through Kentucky and several other US states.
Kentucky Governor Andy Beshear says more than 56,000 Kentuckians have been left without power adding he had declared a state of emergency and was deploying dozens of national guardsmen to communities.
“Most destructive in the state’s history”
The state Governor said the string of tornadoes was the most destructive in the state’s history.
US National Weather Service said 36 separate tornadoes struck the Midwest of the country.
In Kentucky, they caused damage in more than a dozen counties.
The primary tornado travelled more than 320 kilometres across the state, Mr Beshear told an early morning news conference.
“The reports are really heartbreaking,” Mr Beshear said.
Search underway for survivors
A desperate search for survivors is now under way in parts of six US states devastated by the powerful tornadoes. So far, 94 people have been confirmed dead and dozens more people are missing and entire towns were destroyed by about 30 tornadoes on Friday.
United States President Joe Biden has declared a disaster in Kentucky which is the worst-affected state.
At least 80 people have died in the state, including dozens in a candle factory, and the death toll is expected to rise above 100.
Kentucky Lieutenant Governor Jacqueline Coleman told the media that the death toll was continuing to rise “with every hour”.
“All of these numbers continue to unfold…,” she said.
“Our emergency response teams are still surveying the damage and knocking on doors and reaching out to folks trying to make contact to see who’s alive.”
Chad Hedrick meanwhile told ticker NEWS that the videos surfacing of the destruction zone ‘don’t do it justice’ when capturing the devastation caused.
Hedrick says homes are not just damaged, instead they “are effectively gone.”
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
News
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.
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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!
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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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