AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the transcontinental railroads, mechanization of agriculture and interstate highway system.
Wall Street's main indexes rose on Wednesday, with the benchmark S&P 500 hitting an all-time high, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.
Markets face volatility as Trump 2.0 kicks off with tariff threats, AI investments, and bold policies. Traders brace for abrupt decisions across asset classes.
Upstart Holdings ( UPST -2.50%) has been on a roller coaster since its initial public offering (IPO) in 2020. The lender, powered by artificial intelligence (AI), aims to democratize borrowing for a wide range of consumers.
A rally in big tech and a batch of earnings from corporate heavyweights drove stocks toward a record close in a continuation of the surge fueled by the strength of Corporate America.
Returning 25% in 2024, the S&P 500 delivered a record-breaking year for stock market investors. A resilient global economy coupled with interest rate cuts by the Federal Reserve continues to fuel optimism toward a strong outlook.
SoundHound AI stock is getting hit hard today following the latest U.S. jobs report. While the report showed that more jobs were added last month than broadly expected, this is actually a bearish development because it makes it less likely that the Federal Reserve will cut interest rates.
Companies across the globe, at least 4 in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum’s (WEF)
The AI chatbot shared predictions for the S&P ... Indexes rose after a broad sell-off on Wednesday after the Federal Reserve back rate-cut expectations at its policy meeting.
Thursday's edition of Forbes Daily covers updates on California wildfires, Anthropic's new funding, most profitable sports teams, Eric Schmidt's AI project and more.
While the culture wars raged on for the past four years, some real-world questions festered: Is something rotten at Apple? There is little growth. Earnings per share are basically flat since 2021 ...
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.