“Many participants noted that ongoing strong demand for AI infrastructure would likely sustain upward pressure on prices for technology products and electricity.” That line from the Federal Reserve’s June meeting minutes captured a shift that Wall Street is only beginning to price. Artificial intelligence was sold to investors as a productivity revolution. For the Fed,
Science fiction scenarios are slowly becoming reality. OpenAI this week said one of its AI agents autonomously escaped a controlled testing environment, accessed the open internet, and hacked the AI platform Hugging Face. The disclosure has reignited debate over AI safety, autonomous agents, and cybersecurity. Increasingly capable models are beginning to demonstrate behavior that extends
Top flying car stocks such as Joby Aviation and Archer Aviation have tumbled this year, wiping out billions of dollars in market value. Joby Aviation shares have fallen 48% year to date and 60% over the past 12 months, while Archer Aviation has declined 37% and 57%, respectively, despite both companies moving closer to commercial
Bitcoin traded near $64,900 on Friday after another eventful week for the cryptocurrency market. BTC’s price remained close to the $65,000 mark amid corporate selling, fresh signs of stress in the mining sector, and a major options expiry. Treasury companies face tightening financing conditions One of the biggest themes influencing Bitcoin this week has been
The United States on Friday imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 trading partners, including the European Union, China, India, Japan and South Korea, marking the first major step by President Donald Trump’s administration to rebuild its global tariff regime after the US Supreme Court struck down his previous reciprocal
A common question among income investors is on the better investment between Realty Income (NYSE: O) and Schwab US Dividend Equity ETF (SCHD), two of the most common dividend assets. Realty Income has become a $60 billion behemoth and a dividend aristocrat after hiking dividends for over 31 consecutive years. It has no expense ratio
Injective (INJ) has started to regain momentum after spending months under pressure, with the token posting steady gains over the past month. The recovery comes at a time when Coinbase has expanded support for native INJ, a development that removes a key barrier for users looking to move assets directly on the Injective blockchain. At
Apple Inc. stock climbed 3% on Friday, outperforming much of the technology sector even as semiconductor stocks came under pressure. The gains came after Baird raised its price target on the iPhone maker while maintaining an Outperform rating ahead of the company’s upcoming quarterly earnings report. The broader technology sector was weaker during the session.
SK Hynix’s US-listed shares rose in premarket trading on Thursday. A report said the South Korean memory chipmaker has capped the number of domestic shares that can be converted into American depositary receipts (ADRs). The move could keep the stock trading at a significant premium in New York. The company, which made its Nasdaq debut
US stocks fell sharply on Thursday as escalating tensions in the Middle East sent oil prices higher, while disappointing reactions to earnings from Alphabet and Tesla added pressure to the broader market. The Dow Jones Industrial Average lost 604 points, or 1.2%, while the S&P 500 declined 1.2%. The Nasdaq Composite underperformed with a 1.8%