Apple's R&D investments top 10% of sales as AI race creates 'sense of urgency' - CNBC

For years, artificial-intelligence evangelists have boasted about the technology’s capacity to revolutionize drug development and medical research.

Oct 20, 2026, 2:26 p.m. EDT3 min readAndrew Cuomo, co-chair of OKX-ICE and board member of OKX (OKX)SummaryOKX-ICE co-chair Andrew Cuomo called issuer objections to tokenized stock trading a “natural response,” saying companies were expected to take a wait-and-see approach. Sixteen companies, including Microsoft, Alphabet and Goldman Sachs, have objected to trading on the planned venue under the SEC’s experimental framework. Securitize and Vertalo executives said issuers need answers about pricing, investor protections, custody and shareholder rights as the new markets develop. A growing list of companies rejecting tokenized trading of their shares is an expected part of testing a new market structure, Andrew Cuomo, co-chairman of the OKX-ICE joint venture, said after Microsoft, Alphabet and Goldman Sachs joined the objectors. “This is a very natural response,” Cuomo, an OKX board member and former New York governor, said during a press call on Tuesday.

Financial results are somewhat of a sideshow for an investor base eagerly awaiting updates on robotaxis, robots — and the cost of all that.

Housing data deteriorated further in September, according to separate reports Tuesday.

Open this photo in gallery:A transport truck crosses the Ambassador Bridge into the U. S., in Windsor, Ont., this summer. The Trump administration has imposed Section 338 tariffs on Canada, citing discriminatory trade practices. Dax Melmer/The Canadian PressA food importer on Tuesday sued to stop the Trump administration’s latest tariffs on imports from Canada, saying that the duties represent another attempt to claim an unfettered presidential tariff power that has been roundly rejected in court. Republican President Donald Trump imposed 50-per-cent tariffs on a wide range of Canadian imports over the summer in response to what his administration called Canada’s discriminatory treatment of U. S.-made cars, alcohol and dairy goods. In imposing the tariffs, Trump invoked Section 338 of the Tariff Act of 1930, marking the law’s first known usage in nearly a century of existence. The lawsuit, filed by the legal nonprofit Liberty Justice Center on behalf of food importer Gellert Global Group in the U. S. Court of International Trade, says that Trump has used shifting legal rationales and dusted off never-used U. S.