Too early to bet against AI trade, State Street suggests
State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq's worst week since April.Chief Business ...
Tag: Technology
Week in review: The Nasdaq’s worst week since April, three trades, and earnings
It was a terrible start to November on Wall Street. The tech-heavy Nasdaq sank just over 3% in its worst ...
Archer tanks 8% after air taxi maker sells additional 85 million shares, buys LA-area airport
Courtesy: Archer AviationArcher Aviation's stock plummeted 8% after a share sale overshadowed a narrower-than-expected third-quarter loss.The company posted a net ...
Google’s decade-long bet on custom chips is turning into company’s secret weapon in AI race
Sopa Images | Lightrocket | Getty ImagesNvidia has established itself as the undisputed leader in artificial intelligence chips, selling large ...
Palantir CEO Karp twice slams short sellers as stock suffers worst week since April
Palantir co-founder and CEO Alex Karp attends meetings at the U.S. Capitol in Washington on Oct. 18, 2023.Jonathan Ernst | ...
Trump budget cuts, agency gutting, leave Americans and economy at greater risk of being hacked, experts warn
Almost a year into the second Trump administration, public sector leaders and cybersecurity experts say budget cuts and gutting of ...
SoftBank stares at over $50 billion in weekly losses after stock drops 8% as investors sour on AI plays
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | ReutersShares of ...
AI startup Metropolis, biggest parking lot operator in U.S., raises $1.6 billion for major retail expansion
Metropolis, which uses AI and computer vision to identify vehicles and take parking lot payments without any physical transaction, has ...
Chinese autonomous driving firm Pony.ai sees shares drop 14% in Hong Kong debut
A Pony.ai autonomous car.Pony.aiChina's Pony.ai on Thursday saw its shares drop over 14%, while rival WeRide fell nearly 12% as ...
Lucid misses Wall Street expectations, narrows production guidance
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, ...
