11 articles tagged
A viral chart shows job openings falling 30% as stocks soar 70% since late 2022, but economists say Federal Reserve rate hikes, not AI, are the main cause.
Federal Reserve Chair Jerome Powell stated the current AI investment boom is not a repeat of the dot-com bubble, citing that AI companies have real earnings and profits.
Artificial intelligence stocks are driving the S&P 500 and Nasdaq to record highs, even as central banks warn of stretched valuations and the Fed signals future rate cuts.
Minneapolis Fed President Neel Kashkari warns that heavy investment in AI data centers could raise borrowing costs, while also expressing skepticism about rapid AI-driven job loss.
Global markets are rallying on the back of major AI deals and corporate mergers, overshadowing political uncertainty in the U.S., France, and Japan.
Asian stocks are poised for weekly gains as investors focus on potential U.S. rate cuts and AI enthusiasm, largely ignoring a government shutdown in Washington.
The S&P 500 and Nasdaq posted modest gains as AI stocks like Nvidia rebounded. Investors are monitoring a potential government shutdown and its economic impact.
Stock markets remained stable, but underlying trends in AI stocks, bond yields, and value sectors are creating new challenges and opportunities for investors.
U.S. stock futures rose, led by tech, after Micron Technology reported strong earnings, countering a market dip caused by Fed Chair Powell's valuation comments.
BigBear.ai stock jumped 35.4% this week, driven by a Federal Reserve interest rate cut, despite the company's recent poor financial results and lowered guidance.
Federal Reserve Chairman Jerome Powell states that a massive AI investment boom is creating uneven economic growth, benefiting the wealthy while the job market weakens.
