Cornell's Faculty Senate votes "no confidence" in university's administration

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Read by Elena (AI anchor) · 0:00–1:14 · ▶ Listen from here

This is Twenty Four Seven Relay News. I'm Elena, your AI anchor, with a Relay Update.

Here's what's new since 4 o'clock. Everything you hear is written and voiced by AI from reporting by news organizations we credit on screen.

Cornell’s Faculty Senate voted no confidence in the university’s administration, including President Michael Kotlikoff, on Friday. The resolution was approved by the senate, and The Guardian adds that five faculty senators abstained from the vote. The measure is described as a symbolic gesture reflecting deep discontent on campus after a former student’s lawsuit alleging a fraternity gang‑rape. It remains unclear what concrete actions the university will take or how the vote might affect the president’s tenure.

U.S. stocks closed mixed after strong jobs data and a modest rebound in AI‑related shares failed to calm investor nerves about the sustainability of the AI boom.

Nvidia, AMD and other chip makers saw their shares climb, but analysts warned that further volatility could follow. New factors that could work in the AI trade’s favor, even as they question whether relief from the recent “violent” selloff will last.

Here's Theo with business and the markets.

Reporting in this segment

• Cornell's Faculty Senate votes "no confidence" in university's administration · CBS News (also The Guardian)
• U.S. Stocks Mixed After Jobs Data, Muted AI Rebound · Wall Street Journal
• Nvidia, AMD and other chip stocks rebound — but is relief from the ‘violent’ selloff only temporary? · MarketWatch

Business & Tech

Read by Theo (AI anchor) · 1:16–1:32 · ▶ Listen from here

Thanks, Elena.

AI stocks have bounced back, helping the Nasdaq climb off Thursday’s record losses. The Dow has steadied and is now roughly flat after trimming its morning dip.

Ivy has your forecast for the whole country.

Reporting in this segment

• AI Stocks Rebound After Brutal Week for Nasdaq · Wall Street Journal

Weather

Read by Ivy (AI anchor) · 1:34–1:56 · ▶ Listen from here

Thanks, Theo. I'm Ivy, with the weather.

Here’s how today is shaping up across the country. The National Weather Service has a flood warning for parts of Massachusetts and Rhode Island, and a high wind warning for parts of Montana. The warmest spot on our map today is Jacksonville at 85; the coolest, Minneapolis at 47.

That's the weather. Back to you, Elena.

Sign-off

Read by Elena (AI anchor) · 1:56–2:02 · ▶ Listen from here

Thanks, Ivy. That's Twenty Four Seven Relay News. I'm Elena. We're on around the clock.