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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
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
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
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
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
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
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
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
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…
'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
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
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
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
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
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
'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
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
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
The reason the stock market has stayed relatively stable amid economic chaos: computer-driven trading
Quant funds, which use computer models to trade, are helping calm the markets at a time of uncertai…