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Jeff Bezos invests in AI startup CuspAI to discover new materials for tech and clean energy.

Market News
20 Jul 2026
CNBC
View Source
Bullish
Jeff Bezos invests in AI startup CuspAI to discover new materials for tech and clean energy.

Jeff Bezos' investment firm Bezos Expeditions joined a $450 million funding round for British startup CuspAI, which uses AI to discover new materials for semiconductors, clean energy, and advanced manufacturing. Valued at $2.6 billion, CuspAI recently partnered with Nvidia and other industry leaders to create an "AI Materials Foundry," combining computing power and scientific expertise to accelerate materials discovery. This effort reflects a growing trend of applying AI to solve physical world challenges, potentially enabling breakthroughs in technology and sustainability.

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JEPQ ETF pays monthly income but lags Nasdaq-100 returns over the past year due to its covered-call strategy.

JEPQ ETF pays monthly income but lags Nasdaq-100 returns over the past year due to its covered-call strategy.

The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) provides monthly income distributions attractive to retirees and income-focused investors. However, over the past year, JEPQ returned 21.21%, trailing the Nasdaq-100's 26.50% total return, due to i...

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Apple begins new leadership under John Ternus as Nvidia expands AI ambitions beyond chips.

Apple begins new leadership under John Ternus as Nvidia expands AI ambitions beyond chips.

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SCHG ETF's heavy Apple, NVIDIA, Microsoft bets cause it to lag broader growth and market ETFs in 2026.

SCHG ETF's heavy Apple, NVIDIA, Microsoft bets cause it to lag broader growth and market ETFs in 2026.

The Schwab U.S. Large-Cap Growth ETF (SCHG) heavily concentrates its portfolio in just three tech giants—NVIDIA, Apple, and Microsoft—making up nearly a third of its holdings. Despite being marketed as a diversified large-cap growth fund, this concen...

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Neutral
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Intel and chip stocks rise despite higher rate hike odds after strong jobs report

Intel and chip stocks rise despite higher rate hike odds after strong jobs report

Intel shares climbed 4% and other chip stocks like NVIDIA and AMD also rose, defying expectations that a strong jobs report and increased odds of a September Federal Reserve rate hike would hurt high-multiple tech stocks. The semiconductor sector out...

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Nvidia and Apple both thrive in 2026 AI race with opposite spending strategies.

Nvidia and Apple both thrive in 2026 AI race with opposite spending strategies.

In 2026, Nvidia and Apple are both outperforming the market by taking contrasting approaches to AI investment. Nvidia focuses on providing the computing power behind AI infrastructure, showing massive revenue growth and high margins with relatively l...

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