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AI and Chip Stocks Race Ahead
The Wall Street Journal3d agoneutral
AI and Chip Stocks Race Ahead

A rally in tech stocks led stocks to a strong start to the week. The Nasdaq Composite index gained 2.3%, its best session since early August. Investors will be looking to see whether President Trump meets with Iranian President Masoud Pezeshkian at the U.N. gathering beginning this week.

Meta’s Stock Soars More Than 10% as New AI Agent Gathers Steam
The Wall Street Journal3d agobullish
Meta’s Stock Soars More Than 10% as New AI Agent Gathers Steam

Meta Platforms investors are feeling upbeat after the company’s buzzy rollout of its personal AI agent, Muse. Shares in Meta’s stock jumped more than 11% Monday. The company two weeks ago released the easy-to-use AI assistant, and is seeing early signs of success.

Five Things to Watch in Markets This Week: US-China Talks, AI, Economic Data and Costco Earnings
InvestorsHub3d agoneutral
Five Things to Watch in Markets This Week: US-China Talks, AI, Economic Data and Costco Earnings

Investors face a busy week of diplomatic developments, technology announcements and economic releases, with talks between US President Donald Trump and Chinese President Xi Jinping among the main events on the calendar. Artificial intelligence will also attract attention as Meta Platforms prepares for its Connect conference and world leaders gather in New York for the United Nations General Assembly.

Why India's Big Tech Companies Are Betting on Hyderabad
Bloomberg4d agoneutralVIDEO
Why India's Big Tech Companies Are Betting on Hyderabad

Hyderabad has spent decades building the talent, infrastructure and business climate to compete with Bangalore, attracting major tech firms while becoming a hub for life sciences. But AI now threatens some of the lower-cost IT work that helped fuel its rise. The test is whether Hyderabad can use its talent base to move from supporting global innovation to creating more of its own. This version corrects a map of India.

Bill Ackman's Pershing Square IPO Breaks Out
Investor's Business Daily5d agoneutral
Bill Ackman's Pershing Square IPO Breaks Out

Bill Ackman's Pershing Square Inc., a recent IPO, broke out past a buy point Friday in a rocky market.  The hedge fund billionaire's publicly traded investment vehicle, Pershing Square Inc., rallied an impressive 27% for the week after bullish analyst upgrades.

Investing.com5d agoneutral
How AI concerns moved to the center of the midterm debate

Investing.com -- Artificial intelligence infrastructure has become a politically charged issue ahead of the November U.S. midterm elections, but growing opposition to data centers has yet to materially weaken the construction pipeline, according to Citi.

Meta’s AI Agent Has a Trust Problem
The Wall Street Journal6d agoneutral
Meta’s AI Agent Has a Trust Problem

Last week, Meta rolled out Muse, Chief Executive Mark Zuckerberg’s “personal AI agent built for everyone.” In Meta’s telling, it also democratizes AI. Zuckerberg first described his vision for “personal superintelligence” last year and previewed Muse in an August essay where he spoke of “putting power in people’s hands to pursue their own aspirations.”

SoftBank Raises Arm Margin Loan to $25 Billion as AI Bets Grow
Bloomberg6d agoneutral
SoftBank Raises Arm Margin Loan to $25 Billion as AI Bets Grow

SoftBank Group Corp. has increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, according to people familiar with the matter, as the conglomerate finds ways to fund its expanding investments in artificial intelligence.

Traders Wary Of Rising AI Risks: Market Snapshot
Bloomberg6d agoneutralVIDEO
Traders Wary Of Rising AI Risks: Market Snapshot

The global debate over artificial intelligence risks entered a new phase this week amid clashing views from tech executives over whether frontier labs should slow the development of the technology. Leaders of Anthropic, OpenAI, SpaceX and Google DeepMind put forward the need for self-regulation checks on growth that give AI models more control. Meanwhile, Microsoft, Amazon and Meta said they're developing tools to check, control and regulate AI risks as US President Donald Trump called the alerts a "hoax". The call for caution saw a rotation out of tech stocks at the start of the week as investors questioned whether there's a need to reprice the pace of the booming AI buildout.