The artificial intelligence boom has a people problem, and it is getting worse faster than most investors have noticed.While Wall Street has spent the better part of three years fixating on chip stocks, hyperscaler spending,
Wall Street will enter the July 6-10 week with less room for error after a choppy start to the second half.The S&P 500 is still sitting near record territory, but the market is carrying a
US stock funds saw their biggest weekly exit since March, raising fresh questions about the strength of Wall Street’s rally.Investors pulled $17.2 billion from US stock funds in the week through July 1, according to
Chipmaker Nvidia has introduced a new revenue-sharing programme designed to support fast-growing artificial intelligence startups by providing access to computing power in exchange for a share of future revenue.The company announced that the initiative will
Cathie Wood’s ARK Innovation ETF has bought back into SoFi Technologies (NASDAQ: SOFI) just as the beaten-down fintech stock is trying to recover from a difficult first half of the year.ARKK bought 299,753 SoFi shares across
OpenAI has discussed giving the US government a 5% equity stake in the company as policymakers seek greater oversight of the rapidly expanding sector and explore ways for Americans to benefit financially from the AI
CrowdStrike stock (NASDAQ: CRWD) looked like it had fallen off a cliff on Thursday, with the stock moving from roughly $773 at Wednesday’s close to about $193 on split-adjusted screens.The scary-looking drop was not a
July has a strong track record for US equities, and investors are entering the month with four familiar names back in focus.The S&P 500 has historically posted its best average monthly gain in July, while
US equity futures began the new quarter with a more guarded tone, even after Wall Street ended June on a strong note. The problem is not just geopolitics, though the stalled US-Iran diplomacy in Doha
Digital Realty stock (NYSE: DLR) fell about 5% in premarket trading on Tuesday after the data-centre landlord announced a $3.5 billion deal to buy out Blackstone’s interests in three Northern Virginia assets.At first glance, the
