In The Matrix, humans become the power source that keeps machines alive. Elon Musk must have watched that movie recently, because he pitched a similar idea. Except he wants idle machines to power the future of intelligence, not the other way around.
The tech-heavy Nasdaq Composite index had its worst week since April, which was sparked by the revelation of a well-known hedge fund manager's bearish bets on popular AI stocks Nvidia and Palantir.
During the few months quantum computing companies were white-hot with the (ill-advised) excitement of the public, they sold lots of stock for billions in cash. Investors likely won’t be seeing those greenbacks again.
On Oct. 1, the government shutdown began. Though stocks usually brush off government shutdowns, the longer they last, the more negatively they affect the economy and the stock market. Given this, here is a look at why the shutdown may end soon.
Despite this week's correction, the US equity market remains in a rarely seen territory. By nearly every historic measure, valuations are off the charts.
It’s easy to be rational when stocks are moving higher (as they are today) and say, “I’m in it for the long-term.” But like Mike Tyson accurately stated, “Everyone has a plan until they get punched in the mouth.”
In this video, I take a look at the recent performance of significant tech stocks like Meta and Oracle. I discuss why tech stocks appear to be tanking.
Elon Musk has predicted that Tesla's humanoid robot Optimus could revolutionize the global economy even if it significantly reduces the need for human labor.
Taiwan has reached a historic export milestone, with outbound shipments soaring to $61.8 billion in October, marking a 49.7% year-on-year increase. This marks the first time that the island’s monthly exports have crossed the $60 billion threshold.
