Kevin Warsh, in his second press conference as Fed chairman, gave the bond market credit for doing his tightening for him. Within the hour, it went...
The AI trade is coming to a realization: America’s best businesses are turning into utilities. Such is the fate that befalls Meta, whose shares fell as...
More than 1,200 employees at the world’s leading AI labs, including senior executives, have signed a statement asking the U.S. government to help build the tools...
Smaller, less digitized Southeast Asian markets are adopting AI-native systems faster than mature economies—partly because they don’t have to deal with the baggage of legacy infrastructure....
Microsoft said its Azure cloud business surpassed $100 billion in annual revenue in its recently-ended fiscal year, cheering investors in the company even as the broader...
Robinhood beat analyst expectations on several fronts for the second quarter. That included record revenue of $1.31 billion, which beat estimates of $1.25-$1.28 billion, and earnings...
Last week, Senator Rand Paul released Dr. Anthony Fauci’s unflattering diary. This morning, Dr. Fauci, the COVID czar, was on the hot seat when he appeared...
A diary played an unusual role in a contentious Senate hearing Wednesday – musings from Dr. Anthony Fauci, a scientist who became a leading voice in the U.S....
Oil prices got back to jumping on Wednesday, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under...
The world’s second-largest economy looks like it’s running at two speeds: An export-focused manufacturing sector that’s feeding global hunger for electronics and semiconductors, and a weaker...