Is Wall Street losing faith in AI?

Is Wall Street losing faith in AI?

young man standing in front of the projection reflected stock market | Image Credits:Getty Images A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced…

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Nasdaq plunges as consumer sentiment nears historic lows, panic over AI spending mounts

Nasdaq plunges as consumer sentiment nears historic lows, panic over AI spending mounts

Stocks tumbled on Friday as consumer sentiment plunged near all-time lows and investors panicked over AI spending – hammering tech stocks in their worst week since April. The tech-heavy Nasdaq dropped 0.2% Friday, closing the week down 3% – its worst drop since the April launch of President Trump’s “Liberation Day” tariffs sparked a massive…

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UK set to ban deepfake ‘nudification’ apps – POLITICO

UK set to ban deepfake ‘nudification’ apps – POLITICO

Campaigners have long argued that the issue of nudification apps more broadly needs addressing. The House of Commons Women and Equalities Committee recommended in a report in March that both the creation and use of nudification apps should be criminalized. The government responded at the time saying it was “actively looking at options” — but said the complexity of the issue warranted “careful consideration.”   The Children’s Commissioner has also…

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