AI dreams, Silicon Valley persists, while Wall Street hesitates.
"Follow the money" on Wall Street believes that AI technology has not yet reached the expected level of practicality, investing too much not only fails to recover costs, but also easily triggers a bubble. However, technology giants in the midst of the AI whirlpool are still frantically investing money, aiming for a future.
Elon Musk's AI Chatbot Grok Now Analyzes X User Profiles Via Web, Billionaire Says The Feature Will Soon Be Available On iOS And Android
SpaceX's Starlink Now Provides Internet Connectivity To Over 1,000 Aircraft Around The World, Allowing Passengers To Make Video Calls And Play Online Games
CrowdStrike Offers $10 Uber Eats Gift Card As Apology For Its Outage That Took Down 8.5M Windows Computers Globally: Some Users Report Their Vouchers Being Canceled
Google's 'Mojo' Is Back, Says Wedbush Analyst Dan Ives, Sees More Upside For Alphabet Stock
Tesla Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply
Nvidia, Ford, Chipotle, Viking Therapeutics, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Technology stocks encountered a "Black Wednesday", USA's "hard landing" should not be ignored!
Some popular recession indicators are continuously alarming, and the yield curve has been inverted for two years, releasing recession signals of unemployment rate. The market is paying attention to whether the second quarter GDP to be released on Thursday will trigger a red light warning.
Options Market Statistics: Nasdaq Suffers Worst Day Since 2022 Amid Big Tech Selloff
"The most knowledgeable Apple" analyst Ming-Chi Kuo: Apple will discontinue production of the iPhone 17 Plus.
Guo Mingji, an analyst at TF International Securities, stated that Apple will cease production of the iPhone 17 Plus and release an ultra-thin model in the second half of 2025, not to replace the Plus, but to explore innovative designs beyond the current iPhone product line.
AMD Stock Turns Negative Year-to-Date, CEO Lisa Su Meets With Tesla: What Investors Should Know
AI facing more difficulties? OpenAI may suffer a huge loss of 5 billion US dollars this year and need more financing.
If AI companies are unable to reduce the cost of developing and running AI, do they have to choose to charge a higher price? However, the industry is confident that the cost of reasoning will continue to decrease significantly.
Kuoruru HD - Kuoru introduces "Amazon Pharmacy"
On the 23rd, Quol Holdings <3034> announced that its subsidiary Quol will introduce the "Amazon Pharmacy" service at the Quol Pharmacy Kohoku store in Yokohama, Kanagawa, which can be used for online medication guidance provided by pharmacies offered by Amazon, as well as prescription drug delivery. Customers can register for "Amazon Pharmacy" from their own account on the Amazon shopping app.
S&P NASDAQ recorded its deepest decline in a year and a half, with VIX soaring 22%. Tesla and chip stocks suffered heavy losses, and short-term US bonds rose.
Technology giants' poor financial reports triggered panic selling, with the S&P 500 large cap falling by 2.3%, breaking below the 50-day moving average for the first time since May 3 and ending the longest record of not falling by more than 2% in a single day since 2007. It matched the largest drop since the end of 2022 with the Nasdaq falling by 3.6%, the Dow Jones Industrial Average falling by 500 points, small cap stock index falling by 2.1%, chip stock index falling by 5.4%, and Chinese concept stock index falling by nearly 2%. Tesla fell by 12%, the largest drop since September 2020, and Google fell by 5%, the worst performance in six months. The cooling of AI fever led to a market cap evaporation of 1 trillion dollars for Nasdaq 100. Nvidia and Broadcom fell by about 7%, while the "panic index" VIX hit a 3-month high. The former Fed "three-hand" calls for interest rate cuts next week, and the yield curve of U.S. Treasury bonds is trending steeply, with the two-year yield falling 8 basis points to its lo
Meta Cracks Down On Nigerian 'Yahoo Boys' In Massive Sextortion Scam Purge, Bans 63K Accounts
The Correction Happening in Stocks Is 'Far From Over,' IBKR Says
Amazon Stock Jumps As NBA Signs Prime Video Broadcasting Deal: What You Need To Know
NBA Rejects Warner Bros. Discovery on Deal, to Go With Amazon
Nasdaq 100 Notches Worst Session Since Late 2022, Falls Below Key 50-Day Moving Average: Is The AI Tech Bubble Bursting?
You Could Have Turned $500 Into More Than $50,000 In One Day As Market Got Clobbered: Here's How