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.
After President Trump dominated the market narrative in his first week in office, a Fed meeting, a check on the health of the US economy big tech earnings will also be in focus for investors in the week ahead,
Asian markets fluctuated Monday on fresh trade fears after Donald Trump's decision to impose huge tariffs on Colombia, in retaliation for its refusal to accept deportation flights from the United States.
S&P 500 steady as Meta rises on AI goals and Boeing warns of losses. Mixed economic data keeps traders cautious ahead of the Federal Reserve meeting.
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.
During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.
Australian shares are poised for a cautious start as investors worry about China’s AI progress, the Federal Reserve meeting and key local inflation data.
U.S. stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek's launch of a free, open-source artificial intelligence model to rival OpenAI's ChatGPT.
Asian markets and US futures fell as investors reacted to China's DeepSeek releasing an AI model to compete with OpenAI's ChatGPT. This has sparked concerns over US tech supremacy. Meanwhile, Trump's tariffs affected currencies,
Jim Cramer in a latest program on CNBC discussed the reasons behind the recent market declines after the ISM Services Index data. Cramer said many are still expecting more rate cuts from the Federal Reserve soon but they are wrong.
As "U.S. exceptionalism" faces its sternest test of the year, the equity markets brace for a torrent of earnings reports from companies constituting nearly 40% of the S&P 500’s market capitalization.
Dow Jones futures fell Sunday night, along with S&P 500 futures and especially Nasdaq futures, amid concerns over AI progress from China's DeepSeek. Nvidia, Broadcom, Meta and several other AI-related stocks were indicated lower overnight.