Weaker Jobs Report Calms Fed Rate Hike Fears

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The major U.S. index futures are indicating a higher open on Friday, suggesting that stocks may recover after experiencing a predominantly downward trend in the preceding two sessions. The futures attained new daily peaks subsequent to the publication of the Read More …

Big Tech Invests Billions to Expand AI Infrastructure

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In the fight for artificial intelligence, the biggest IT corporations are changing from software-centric businesses to major global infrastructure owners. There has been a claimed 140 percent increase in the value of Amazon, Alphabet, Microsoft, and Meta’s combined property, plant, Read More …

US Futures Flat Ahead of Key Jobs Report as Markets Turn Cautious

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The major U.S. Index futures are indicating a largely unchanged opening on Thursday, suggesting that stocks are poised to persist in their erratic trading patterns following a mixed conclusion to the prior session. Traders might exhibit caution in executing substantial Read More …

US Jobs Report: Modest Hiring Amid Resilient Labour Market

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When the latest official jobs report is released on Friday, analysts anticipate that it will indicate an increase in hiring for July, while the unemployment rate is expected to remain unchanged at 4.2%. Economists estimate that monthly employment gains will Read More …

SpaceX Faces Selling Pressure as 900 Million Shares Unlock

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More than 900 million SpaceX shares are scheduled to unlock Thursday, resulting in a more than twofold increase in the publicly available stock of Elon Musk’s space and AI enterprise, which has faced challenges since its record-setting IPO just weeks Read More …

Geoffrey Hinton Warns Smarter AI Could Become Harder to Control

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The increasing intelligence of artificial intelligence poses greater challenges for humanity in terms of control, as noted by Geoffrey Hinton, the Nobel Prize-winning computer scientist often referred to as the “godfather of AI.” Even Hinton expressed concern regarding the advanced Read More …

U.S. Stock Futures Rise as Wall Street Rally Continues

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With equities expected to build on the significant gains seen over the previous few sessions, the major U.S. index futures are now pointing to a higher opening on Wednesday. The markets may continue to benefit from recent upward momentum, which Read More …