Futures bets on the Nasdaq 100 and the S&P 500 were both pointing strongly up this morning prior to the opening bell in New York, suggesting that some traders think yesterday’s bloodbath in the markets was overdone. The S&P lost nearly a full percentage point yesterday, and the Nasdaq was down 1.47%. Some on Wall…
A chart making the rounds on social media has sparked intense debate about the state of the American economy. Since November 2022, when ChatGPT launched, the S&P 500 has surged more than 70% while job openings have plummeted roughly 30%. The juxtaposition has earned the graphic a foreboding nickname: the “scariest chart in the world.”…
As the global AI race heats up, US chipmakers are ramping up spending while China’s tech giants race to overcome sanctions with a self-sufficiency playbook — two divergent strategies chasing the same prize. Which path will define the future of artificial intelligence? Source link
Dow Jones futures rose after hours, along with S&P 500 futures and Nasdaq futures. Apple (AAPL) and Amazon.com (AMZN) were earnings winners late Thursday, along with Western Digital (WDC), Cloudflare (NET) and more. The stock market rally retreated Thursday, with Meta Platforms (META) and some other megacaps leading the Nasdaq solidly lower. MongoDB (MDB) broke…
By Rishabh Jaiswal (Reuters) -Universal Music Group said on Wednesday it has settled a copyright infringement case with artificial intelligence company Udio and that the two firms will collaborate on a new suite of creative products. Under the agreement, the companies will launch a platform next year that leverages generative AI trained on authorized and…
While Microsoft didn’t offer a specific forecast for its AI capital expenditures for the next quarter or coming year, the company’s chief financial officer, Amy Hood, said that the company’s total spend will “increase sequentially, and we now expect the fiscal year 2026 growth rate to be higher than fiscal year 2025.” Tech companies are…
(Reuters) -Shares in three of the “Magnificent Seven” companies with significant investments in artificial intelligence were mixed in after-hours trade on Wednesday after the mega caps released third quarter earnings. Shares in Google-parent Alphabet rose 6.2% after the company beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and…
GYEONGJU, South Korea (AP) — President Donald Trump is set to meet face-to-face with Chinese leader Xi Jinping on Thursday, a chance for the leaders of the world’s two largest economies to stabilize relations after months of turmoil over trade issues. Trump’s aggressive use of tariffs since returning to the White House for a second…
A new shopping platform is giving consumers the upper hand on identifying what celebrities are wearing. On Wednesday, Bobby Maylack, former chief creative officer at Cameo, and Emir Talu, a founding team member at Blank Street, launched OneOff, an AI-driven fashion discovery platform that blends personalization, social inspiration and e-commerce. The two entrepreneurs joined forces…
BARCELONA, SPAIN – Media OutReach Newswire – 28 October 2025 – OPPO’s global launch of the Find X9 Series reinforces its continued commitment to the high-end segment. OPPO Unveils the Find X9 Series Globally, Redefining the Premium Smartphone Experience This move coincides with the brand’s global user base exceeding 740 million, reflecting its success in…