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Stock futures are pointing to a lower open for major indexes on Thursday as investors prepare for tomorrow's highly anticipated speech from Federal Reserve Chair Jerome Powell.
The hiring freeze, part of Meta’s broader restructuring, also restricts internal team transfers within its AI division.
A pullback isn’t the same as a bubble popping—especially with the huge wave of money still set to flow into AI infrastructure.
GM builds a Silicon Valley AI team with top tech talent to boost manufacturing, vehicles, and motorsports efficiency.
Meet Alexandr Wang: The 28-year-old hired for 14 billion by Mark Zukerberg to lead Meta superintelligence labs (image: alexandr_wang/X) Meta is gearing up for the AI race at full throttle. The silicon ...
The business cycle could be moving into territory where megacaps have historically lagged. Could this prompt the bursting of the AI megacap bubble?
U.S. stock futures are edging lower amid a four-session losing streak for the S&P 500; Walmart's quarterly profit misses the mark but revenue comes in better than expected and the ...
President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and ...
The AI Gold Rush Hits a Wall The artificial intelligence (AI) boom has propelled Big Tech valuations to dizzying heights, with companies like Meta Platforms (NASDAQ:META), Google, and Microsoft ...
It’s ending its hiring spree with a sudden freeze, The Wall Street Journal reports. It’s spent big on superintelligence, hiring over 50 new AI researchers and engineers, with offers worth tens of ...
A Russian state-backed messenger application cast as a rival to WhatsApp which critics have said could be used for ...
U.S. stock index futures edged lower on Thursday, as investors analyzed big-box retailer Walmart's quarterly results for clues about the health of the American consumer, ahead of the Federal Reserve's ...