AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the transcontinental railroads, mechanization of agriculture and interstate highway system.
The Working Group will function under the oversight of Trump's AI and crypto Czar David Sacks. Other delegates will include the Securities & Exchange Commission (SEC) acting Chair Mark Uyeda, the Secretary of the Treasury, with other key federal department heads.
The major indexes added to strong weekly gains. Tesla and AI chipmakers such as Nvidia and Arm are testing key levels.
Markets face volatility as Trump 2.0 kicks off with tariff threats, AI investments, and bold policies. Traders brace for abrupt decisions across asset classes.
While the culture wars raged on for the past four years, some real-world questions festered: Is something rotten at Apple? There is little growth. Earnings per share are basically flat since 2021 ...
Upstart Holdings ( UPST -2.50%) has been on a roller coaster since its initial public offering (IPO) in 2020. The lender, powered by artificial intelligence (AI), aims to democratize borrowing for a wide range of consumers.
Concerns over the 10-year Treasury yield nearing 5% and a less dovish Federal Reserve outlook for 2025 have spurred risk-off sentiment in tech stocks. Following a two-year bull run fueled by AI, the sector now faces
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
SoundHound AI stock is getting hit hard today following the latest U.S. jobs report. While the report showed that more jobs were added last month than broadly expected, this is actually a bearish development because it makes it less likely that the Federal Reserve will cut interest rates.
Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the rally sustain?
The AI chatbot shared predictions for the S&P ... Indexes rose after a broad sell-off on Wednesday after the Federal Reserve back rate-cut expectations at its policy meeting.
The advent of AI has sent the semiconductor industry into overdrive over the past year. Volatility is part of the price of admission.