Wall Street Thrill Ride Derailed as Doubts Seize AI, Crypto Bets
The stock market didn’t crash this week. But after a seven-month spasm of retail-borne speculation, parts of the…
Altman Says OpenAI Doesn’t Want a Government Bailout For AI
OpenAI Chief Executive Officer Sam Altman pushed back at the idea that the company would seek federal guarantees…
AI Is Eating All the Earnings
For investors, a concentrated portfolio of equity-market winners tends to work just fine — until it doesn’t. At…
OpenAI CFO Says Bubble-Wary Market Needs More AI ‘Exuberance’
OpenAI Chief Financial Officer Sarah Friar suggested the market is overly focused on anxiety about a possible bubble…
Modi Tax Cut Fuels $68 Billion Festival Shopping Boom in India
India’s sweeping consumption tax cut drove shoppers to splurge on items from cars to kitchenware during the month-long…
IPO market is ‘really strong,’ NYSE president says, calls for long-term focus
Good morning. Similar to the volatility observed in April, market uncertainty increased in October amid renewed concerns over…
Nvidia to Invest in Musk’s xAI as Part of $20 Billion Funding
The Elon Musk-backed artificial intelligence startup xAI is raising more financing than initially planned — including an equity…
Empty Tables, Low Margins Show Cost of China’s Food Delivery War
As Chinese consumers snag 14-cent coffees and 50-cent meals thanks to a fierce price war among food delivery…
Duolingo Faces AI Risks as Investors Reconsider Its Pricey Multiple
Duolingo Inc. is facing risks from multiple angles as investors reassess the impact of artificial intelligence on the…