MARKET RECAP → Stocks closed at new record highs Tuesday as traders looked past the recent US-Venezuala tension.

💼 AMD SAYS AI ISN’T KILLING JOBS → Lisa Su says Advanced Micro Devices (AMD) continues to hire aggressively with an emphasis on AI talent, reinforcing the idea that AI is reshaping job profiles without eliminating breadth of opportunity.

🏨 HILTON CAUGHT IN IMMIGRATION CONTROVERSY → A Minneapolis Hilton (HLT) property is under fire for canceling ICE agent reservations, prompting DHS criticism and corporate distancing as Hilton reinforces nondiscrimination standards.

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For the week beginning January 05, 2026

🤖 Lisa Su: AMD hiring is strong — Advanced Micro Devices (AMD) CEO Lisa Su told CNBC that despite broader tech layoffs, AI hasn’t slowed hiring at the chipmaker. In fact, the company is growing its workforce and actively recruiting — just with a sharper focus on AI-forward skill sets rather than cutting roles.

🔎 AI as a productivity booster, not a job killer — Su stressed that AI is augmenting workers’ capabilities instead of replacing them, positioning AMD to expand into areas like hardware design, systems engineering, and software that support next-gen AI workloads.

📈 Bullish signal for demand and AMD’s positioning — Continued hiring — especially for AI roles — suggests AMD still sees strong demand in the broader AI infrastructure buildout, supporting the view that AI demand is durable and long-term rather than a short-lived hype cycle.

🏨 DHS accuses Hilton property of canceling ICE reservations: The U.S. Department of Homeland Security (DHS) publicly said a Hilton-branded hotel in the Minneapolis area canceled reservations made by Immigration and Customs Enforcement (ICE) agents once their official affiliation was identified, including bookings made with government email addresses. DHS claimed the actions undermined federal law-enforcement operations in the region.

📣 Hilton distances itself and investigates: Hilton Worldwide (HLT) responded that the incident involved an independently owned Hampton Inn franchise, and that the reported actions did not reflect company values or policy. Both Hilton and the franchise operator apologized, and Hilton said it was working to ensure affected guests were accommodated while reinforcing brand standards across its system.

⚠️ Brand risk amid political context: The dispute unfolded amid heightened federal enforcement activity in Minnesota. The episode has drawn political attention and repercussion for Hilton — including reports the company is removing the property from its system — and highlights how hospitality brands can become entangled in immigration enforcement debates.

Republican Rep. Doug LaMalfa dies at 65 (CNBC)

Meta delays Ray-Ban Display glasses global rollout due to inventory limits, U.S. demand (CNBC)

Ford reports best annual U.S. vehicle sales since 2019 (CNBC)

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