The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Exchange-traded funds powered by artificial intelligence are getting smarter, according to a co-founder of EquBot, a company that created one such fund.
The AI Powered Equity ETF (AIEQ), an actively managed security that seeks to use AI to beat the market, launched on Oct. 18.
"The AI actually grows in value," EquBot co-founder and COO Art Amador told CNBC's "Power Lunch " on Tuesday.
"We're going to be even better tomorrow than we are today," Amador said.
While the fund got off to a rocky start, underperforming the market, in the last three months the ETF was up more than 10 percent. The returns were similar to the S&P 500's during the same time period.
While the AI was originally programmed by humans to monitor algorithms, Amador said it is now completely autonomous, making decisions based on the information it scans.
"Our IP looks at the data and tries to find the truth and credibility behind the data, so we can see how important that information is and how important it is to the security price of over 6,000 companies," he said at this week's ETF conference in Hollywood, Florida.
The automated ETF is capable of processing each day approximately 1 million pieces of information, such as news articles and company financial statements.
"We believe there will be even more information tomorrow than there is today," Amador said. "The AI technology mimics the process of an army of equity research analysts that are working around the clock."