Sandisk stock price has suffered a harsh reversal recently as its historic bull run hits a wall. SNDK dropped roughly 14% on Thursday, July 2, ahead of the holiday weekend, …
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All eyes are on Terawulf (WULF) shares this morning after the digital infrastructure firm revealed a monumental $19 billion contracted revenue deal with Anthropic. But it’s not all about WULF …
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Stock
Americans’ revolt against data centers is growing: how it could disrupt the AI trade
by adminby adminThe artificial intelligence boom has a people problem, and it is getting worse faster than most investors have noticed. While Wall Street has spent the better part of three years …
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Business
The Onion’s new parody of Alex Jones’ Infowars starts with $100,000 to Sandy Hook families
by adminby adminThe satirical news site The Onion isn’t waiting to take possession of Infowars to launch a parody of Alex Jones ’ conspiracy platform. More than a year after first trying …
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Business
GS economist sees AI displacing 15M US workers over a decade, but there’s a catch
by adminby adminA Goldman Sachs economist expects artificial intelligence to displace more than 15 million US workers over the next decade, but argues that the resulting job losses are likely to be …
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US stock funds saw their biggest weekly exit since March, raising fresh questions about the strength of Wall Street’s rally. Investors pulled $17.2 billion from US stock funds in the …
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The Hang Seng Index retreated by over 10% in the first half of the year as some of the biggest Chinese technology companies lagged behind their global peers like the …
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Tesla Inc. (TSLA) expanded its robotaxi service to Miami on Friday, extending its autonomous ride-hailing operations. The move comes as Chief Executive Officer Elon Musk increasingly emphasizes artificial intelligence, robotics, …
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Business
US adds 57,000 jobs in June, missing forecasts; analysts say Fed may delay rate hike
by adminby adminThe US economy added just 57,000 jobs in June, well below economists’ expectations, in a sign that the labor market is losing momentum even as the unemployment rate unexpectedly declined …
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Shopify stock has rebounded in the past few weeks, moving from the year-to-date low of $94.47 to the current $121.63. This rebound may continue, helped by its modest revenue growth …