Chip stocks were the biggest beneficiaries of last year’s artificial intelligence investment craze, but they have stumbled so far this year.
Read More As US chip darlings struggle, some bet on software as next big AI play
Tag: Salesforce
AI stock shock could spark broader gains in US market
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
Read More AI stock shock could spark broader gains in US market
US online holiday sales rise nearly 9% on mobile shopping boom, report shows
Online spending rose nearly 9% during the 2024 holiday season, with shoppers mainly using their smartphones to buy products ranging from TVs to LEGO sets.
Read More US online holiday sales rise nearly 9% on mobile shopping boom, report shows
Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
Wall Street’s main indexes climbed on Wednesday, while investors awaited comments from Federal Reserve Chair Jerome Powell later in the day.
Read More Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
US retailers aim to cash in on Cyber Monday with steep online discounts
Retailers are pulling out all the stops with steep promotions and discounts on their websites and apps after the long Thanksgiving weekend.
Read More US retailers aim to cash in on Cyber Monday with steep online discounts
OpenAI is a bigger threat to Google than US regulators
Google is facing a bigger threat from OpenAI even as it awaits a decision on how antitrust regulators in Washington plan to level the playing field in the internet search business.
Read More OpenAI is a bigger threat to Google than US regulators