Apple's executive shake-up continues.

Fed Powell: Spending on AI and data centers has been "holding up business investment."

Powell says the Fed is "well-positioned" to see how the economy evolves.

The Federal Reserve cut interest rates by 25 basis points for the third time this year.

Powell: "AI spending will continue." 💰🤖

Jensen Huang: "AI is a five-layer cake. Energy, chips, infrastructure, models, and applications." 🎂