The Dow Jones Industrial Average soared more than 300 points, or nearly 0.7%, Wednesday as investors looked ahead to the end of the record-breaking government shutdown. The blue-chip index finished at a record high of 48,254.82, its second straight record close. The S&P 500 was roughly flat, while the Nasdaq dipped about 0.3% as fears…
By STAN CHOE, AP Business Writer NEW YORK (AP) — U.S. stocks are drifting in mixed trading on Wednesday. The S&P 500 added 0.1% in morning trading and remains near its all-time high set a couple weeks ago. The Dow Jones Industrial Average jumped 396 points, or 0.8%, after setting its own record the day before, while the…
In September, the Trump administration launched the Health Technology Ecosystem, which will gather user health information from patient-facing apps, CMS-aligned networks, and other health care industry players to promote interoperability and enable information sharing for patients and providers. The Ecosystem’s baseline privacy protections for patient-facing health apps will likely fall short of consumer expectations around…
TOKYO (AP) — Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. It also reported its profit nearly tripled in the first half of this fiscal year from a year earlier. Tokyo-based SoftBank Group Corp. said it sold the stake in Silicon Vally-based…
By Anton Bridge TOKYO (Reuters) -Technology investor SoftBank Group reports second quarter earnings results on Tuesday in the midst of feverish investment in artificial intelligence that has sent its share price soaring. But SoftBank’s belief in AI comes with risks amid growing concern of an “AI bubble” that could see SoftBank overextended in companies at…
Fashion executives often say they want their employees to experiment with AI. They’re often met with suspicion; whether they work at corporate headquarters or in the warehouse, workers worry they’re being asked to train their own replacements. Lately, it’s looking like the sceptics might be onto something. Amazon, Target and UPS are among the companies…
NEW YORK (AP) — Big Tech and other superstars of the U.S. stock market got back to rallying on Monday, and Wall Street recovered most of its loss from last week. The S&P 500 climbed 1.5% and clawed back nearly all its drop from last week, which was its first weekly loss in four. The…
US stock futures were little changed Monday night as investors took a breather following a rally fueled by optimism that Washington may soon end the record-breaking government shutdown. Futures attached to the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) all held near the baseline. All three…
China mandates all state-funded data centres to use domestic AI chips, escalating its tech rivalry with the US. China Tightens Rules on Data Centres, Mandates Use of Domestic AI Chips. The Chinese government has introduced new regulations requiring all data centre projects that receive state funding to use only domestically manufactured artificial intelligence (AI) chips,…
For years, South Korea was the global heartbeat of crypto speculation. It became the place where digital coins traded at a premium, and where retail investors moved markets overnight. The “Kimchi Premium” became shorthand for a national obsession: Rampant and frenetic trading activity unrivaled by any region across the globe. But by late 2025, the…