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NSE MD warns against AI-driven trading, launches a new mobile app

​​Marking its 30th anniversary on the auspicious occasion of Diwali, the National Stock Exchange of…

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Reddit skyrockets 42% on strong earnings beat and AI-driven growth

Reddit's stock surged Wednesday after posting a solid earnings beat and reporting strong revenue fr…

Kelly Cloonan   


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The Fed has poured rocket fuel on the red-hot AI trade

"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we vi…

Matthew Fox   


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Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending

Tech shares dropped on Thursday, led by mega-cap titans Microsoft and Meta. Investors were bracing …

Kelly Cloonan   


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Wall Street is eager to see some sign that AI is driving iPhone demand in Apple's latest earnings report

Wall Street is hyperfocused on Apple's guidance to see if AI features are driving consumer demand f…

Matthew Fox   


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Wall Street is eager to see some sign that AI is driving iPhone demand in Apple's latest earnings report

Wall Street is hyperfocused on Apple's guidance to see if AI features are driving consumer demand f…

Matthew Fox   


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Chip giant TSMC reports blockbuster results even as questions over AI mania loom

The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.

Huileng Tan   


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These stocks are best-positioned to gain in the next wave of AI investment, Goldman Sachs says

As AI investment has rebounded in recent weeks, Goldman Sachs analysts recommend "platform" stocks …

Kelly Cloonan   


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From foe to friend? Professionals now see AI as a transformative tool that will save time, create more specialist jobs: Reuters report

After initially being viewed with apprehension, AI is now being seen more positively—as the central…

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Microsoft has 17% upside potential and upcoming earnings will show strong AI-driven growth, Bank of America says

Bank of America raised Microsoft's earnings estimate by 1% above its $60.5 billion Q3 revenue forec…

Yuheng Zhan   


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'Bond King' Bill Gross warns of AI-driven 'excessive exuberance' in stocks, and says he's not buying bonds either

Gross is shorting 5- and 10-year Treasurys as long-dated yields are likely to climb, he wrote in hi…

Filip De Mott   


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US stocks are overvalued because of unrealistic expectations for AI-powered economic growth, Vanguard says

S&P 500 companies will have to growth profits by 40% annually for the next three years to justify c…

Filip De Mott   


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Palantir soars on deal with Microsoft to sell AI tools to US defense and intelligence agencies

Palantir soared over 11% after announcing a deal with Microsoft to sell a combined AI, cloud-based …

Kelly Cloonan   


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The economy is entering a new 'super cycle' driven by AI and decarbonization, Goldman Sachs analyst says

Unlike the last super cycle spurred by a peak in interest rates, globalization, and the collapse of…

Aruni Soni   


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Dell staff say they aren't surprised about layoffs following its AI pivot

Ten Dell employees told Business Insider that they are bracing for further rounds of layoffs as the…

Polly Thompson   


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Apple and Nvidia tank in pre-market trading as 'Magnificent Seven' tech stocks take a battering

Shares in the world's biggest tech companies dropped sharply on Monday as investors became increasi…

Polly Thompson   


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AI turned Big Tech stocks around. But a huge sell-off shows investors are wary of the insane spending.

In April, Google's AI boss said the company plans to invest more than $100 billion over time in AI …

Huileng Tan   


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AI stock frenzy resembles dot-com bubble and may explode disastrously, experts warn

The epic surge in AI stocks led by Nvidia reminds three experts of the dot-com and housing bubbles,…

Theron Mohamed   


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Competition Comm to conduct detailed study on AI; invites proposals from entities

Issuing the Request for Proposal (RFP) document to engage an agency/institution for conducting …

PTI   


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'This is the last opportunity for us to wake up': A leading economist warns we're headed for an AI-driven cataclysm

How Daron Acemoglu, one of the world's most respected experts on the economic effects of technology…

Aki Ito