On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.
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In its fiscal year 2025 earnings call, the company said it projects new tariffs will saddle it with $1 billion in additional costs this year.
Companies that have been waiting on the crypto sidelines are likely about to jump in the game following the passage of the GENIUS Act.
The cannibalization of traditional search by AI chatbots is difficult to quantify, though by all accounts AI is already taking some nibbles.
Both Amazon and Meta have already flirted with the smartwatch space, only to ultimately abandon their initial ambitions.
History suggests that a little competition will be good for not just Walmart and Amazon, but the retail sector as a whole.
In May, POTUS scrapped the “de minimis” exemption that allowed Shein and Temu to ship packages worth less than $800 to the US duty-free.
The stability of qubits has long posed a barrier to scaling quantum computers.
Broadcom joined the trillion-dollar club late last year, and its market cap has only continued to climb since.
As ChatGPT’s partial outage yesterday goes to show, AI companies are still struggling to scale up to artificial general intelligence.
The cloud giant is continuing to build out its massive cloud footprint.
The agreement comes as The New York Times continues to sue OpenAI and Microsoft for alleged copyright infringement.
The multinational automaking giant announced Wednesday that its Americas COO Antonio Filosa will soon sit in the driver’s seat.
The Mag 7 companies have been weighed down by an unholy economic trinity: tariffs, AI disruption, and antitrust.
After serving as the driving force for a blistering market rise, the so-called Magnificent Seven have taken an epic stumble in 2025.