BlackRock CEO Larry Fink is unveiling five tech stock names that he believes are positioned to be winners in the midst of a $1.5 trillion AI push. In a new CNBC interview, Fink says the surge in capital investment across AI hardware, data centers, and energy systems is both massive and necessary, a defining economic cycle that will reshape global competitiveness. “Well, there’s a bubble in investing, but are we inferring a bubble means a bad thing? But there is certainly a skyrocketing amount of capital that’s being put to work. If you put it in a framework of geopolitical…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
Fundstrat’s Tom Lee says Ethereum (ETH) may be entering a defining cycle that could propel its value to far greater heights. At the TOKEN2049 event in Singapore, Tom Lee says he’s keeping an eye on the performance of Ethereum against Bitcoin (ETH/BTC). Lee predicts that ETH/BTC will eventually soar to all-time high levels, which it hit in 2021. “Another chart to think about is Ethereum’s price ratio to Bitcoin. It’s currently at 0.036 BTC, the average has been 0.047, and the high in 2021 was 0.087 BTC… I think its price ratio should at least recover to its prior high…
An AI startup is making a radical case for accelerating the automation of all human labor, arguing that humanity has little control over how technology evolves. In a manifesto titled Full Automation Is Desirable, Mechanize says the creation of AI agents that can fully replace human workers is inevitable because of deep economic and physical forces that dictate how innovation unfolds. “Autonomous agents that fully substitute for human labor will inevitably be created because they will provide immense utility that mere AI tools cannot. The only real choice is whether to hasten this technological revolution ourselves, or to wait for…
BlackRock CEO Larry Fink says history has rewarded long-term investors who stayed in the market and ignored bubble calls. In a new CNBC interview, Fink predicts a structural shift in how global capital will flow, fueled by digital wallets and the rise of tokenized investment products. According to the BlackRock executive, tokenization of traditional assets like real estate presents a massive opportunity for the asset management titan. “But there’s $4.1 trillion of money sitting globally in digital wallets. A lot of that money is outside the United States. If we could tokenize an ETF, digitize that ETF, we could have…
The latest quarter shows that banking titan Citi is in transition — growing revenue, rising profit, and a workforce rapidly adapting to artificial intelligence. In its Q3 earnings report, Citi says it posted third-quarter revenue of $22.1 billion and net income of $3.8 billion. The results mark a 9% increase in revenue from a year earlier, driven by growth across Citi’s five core businesses and a lower cost of credit. The bank also notes that earnings per share of $1.86 increased from $1.51 per diluted share in Q3 2024, indicating a higher net income and lower shares outstanding. Citi CEO…
A new analysis by venture capitalist Deedy Das reveals that three of the world’s most valuable private AI startups are still generating no revenue despite combined valuations of tens of billions of dollars. In a new post on X, the Menlo Ventures executive reveals that robotics firm Figure AI, Ilya Sutskever’s Safe Superintelligence (SSI), and Thinking Machines Lab—all valued between $12 billion and $39 billion—are operating without recorded income. Das’s ranking lists 15 private AI firms with valuations above $10 billion, including industry giants OpenAI, xAI, and Anthropic. The three revenue-less firms stand out as outliers in a sector otherwise…
A new field experiment by the National Bank of Slovakia finds that generative AI can more than double the productivity of skilled professionals working on specialized tasks. Researchers randomly assigned access to OpenAI’s GPT-4o to central bank employees and measured their performance across both generalist and specialist assignments. The results reveal striking differences in how AI reshapes output depending on skill and task type. While all participants improved when using AI, the biggest gains were concentrated among top performers handling complex, domain-specific work. “Generative AI increased performance in specialized tasks by between 108 and 117%, slightly more than twice the…
Elon Musk says X is preparing to hand over its recommendation engine entirely to artificial intelligence, with its in-house system Grok set to analyze tens of millions of posts every day. In a new post on X, Musk says Grok and other AI tools are now driving the improvements users are seeing in their feeds. The shift marks one of the most sweeping algorithmic transformations since Musk acquired the platform in 2022. He says the recent upgrades are no longer the result of human engineers tweaking code or adjusting rules. Instead, AI systems are learning in real time to predict…
Banking titan Goldman Sachs is moving to reduce headcount, even after posting multi-billion-dollar profits in the third quarter of 2025. The New York bank reports net earnings of $4.10 billion for the third quarter, with revenue climbing above $15 billion. Net revenues in Global Banking & Markets grew 18% on a year-over-year (YoY) basis at $10.12 billion for the quarter ending in September. At the same time, investment banking fees were $2.66 billion, a 42% increase over the same period. While the bank reaps billions of dollars in profits in just one quarter, it tells its employees to brace for another…
Former Intel chief executive Pat Gelsinger says the momentum inflating the AI bubble is running hotter than many realize and could stay that way for years. In a new CNBC interview, Gelsinger says the current wave of AI investment is a phase of intense acceleration and leverage, one that’s driving massive spending across chipmaking, data centers, and enterprise systems. “Are we in an AI bubble? Of course. Right? Of course. We are in that bubble. Of course we are. I mean, we’re hyped. We’re accelerating. We’re putting enormous leverage into the system.” At the same time, he predicts that the…