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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Dow, S&P 500, Nasdaq futures tick down with Supreme Court tariff case, Tesla shareholder meeting in focus

Dow, S&P 500, Nasdaq futures tick down with Supreme Court tariff case, Tesla shareholder meeting in focus

US stock futures wobbled below the baseline Wednesday night, as investors weighed easing concerns over lofty AI valuations and drew optimism from a Supreme Court hearing that hinted at a possible setback for President Donald Trump’s tariff policy. S&P 500 (ES=F) and Dow Jones Industrial Average futures (YM=F) hovered near the flatline while Nasdaq 100…

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Donald Trump’s White House deletes post with mock Knicks logo taunting NYC Mayor-elect Zohran Mamdani after Knicks reportedly complained

President Donald Trump’s White House responded to Tuesday’s election of New York City Mayor-elect Zohran Mamdani with a mock New York Knicks logo declaring “Trump is Your President.” The logo was posted on official White House social media channels Tuesday night, then deleted by Wednesday morning. Per Front Office Sports, the White House removed the…

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Reuters

‘China is going to win the AI race,’ FT reports

(Reuters) -Nvidia CEO Jensen Huang has warned that China will beat the United States in the artificial intelligence race, ​the Financial Times reported on Wednesday. “China is going to win the AI ‌race,” Huang told the newspaper on the sidelines of the Financial Times’ Future of ‌AI Summit. The artificial intelligence chip leader’s chief in…

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Prop. 50 wins big: California voters pass new U.S. House map to boost Democrats in 2026

Prop. 50 wins big: California voters pass new U.S. House map to boost Democrats in 2026

CALIFORNIA VOTERS APPROVED new congressional district boundaries Tuesday, delivering a victory for Democrats in the state-by-state redistricting battle that will help determine which party wins control of the U.S. House in 2026 and, with it, the power to thwart or advance President Donald Trump’s agenda. The approval of Proposition 50 gives Democrats a shot at…

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