Another year, another double-digit gain for the S&P 500. But while AI seems to be an unstoppable force propping up the three-year bull rally, Bank of America says unique risks are emerging. Much of the market’s gain since the October 2022 low has been driven by endless enthusiasm for AI, and companies have supported investors’…
Apps like Robinhood, Kalshi worry California gaming tribes more than online fantasy sports | California Politics 360 ATTORNEY GENERAL ROB BONTA ISSUED THE LEGAL OPINION, BUT NOT MUCH HAS CHANGED. THE CHAIRMAN OF THE CALIFORNIA NATION’S INDIAN GAMING ASSOCIATION JOINS US NOW. CHAIRMAN JAMES SIVA, THANK YOU SO MUCH FOR BEING WITH US. ABSOLUTELY. THANK…
Are we in an AI bubble? On the one hand, lots of people think we’re in an AI bubble. Including Sam Altman, whose OpenAI may be the single largest cause, and beneficiary, of the AI bubble. On the other hand … vibes? By which I mean: I’ve been in bubbles before. On paper, this most…
Maybe you’ve had this experience lately: You’re riding high, feeling good about yet another record high in stocks, and then someone pops up on TV to kill the vibe. “It’s an AI bubble,” they say. “It’s like 1999.” This actually happened to me last week (before President Trump’s new tariff threat sent stocks tumbling on…
If you turn on CNBC or Bloomberg at any given time, there’s a decent chance you’ll see a talking head discussing a bubble in AI stocks. It’s a pretty easy case to make if you use the historical playbook for identifying an overvalued market. Judging by traditional metrics, we’re flashing red. Even Fed Chair Jerome…
2025-10-08T15:24:53Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Gold prices hit a…
OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly making it one of the hot companies investors hope will be at the forefront of the artificial intelligence boom. The shares of AMD soared more than 30% after the company behind ChatGPT said it plans…
Retailers are in a race to offer faster and faster delivery speeds. The world has come a long way since Jeff Bezos set the then-lofty goal of two-day delivery for Amazon Prime customers about two decades ago. Now delivery appears to be converging on the Holy Grail speed of 30 minutes or less, especially in…
A rundown of the challenges and opportunities facing the privately held company, which moved its headquarters to Texas last year but retains design, manufacturing and other operations at its Hawthorne hub. While the world’s richest man might have breathed a sigh of relief after his Starship rocket completed a stellar launch last month, Elon Musk…
There’s a rule of thumb in apartment hunting: People want something affordable, spacious, and convenient, but in the end, they can only get two of the three. Big and cheap? Prepare for a long commute. Less expensive and downtown? Enjoy your shoebox. Spacious and well-located? Get ready to shell out big bucks. It’s a classic…