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Apple Knocks Big Tech Rivals for Making 'AI for the Sake of AI'
Barrons.com111d agoneutral
Apple Knocks Big Tech Rivals for Making 'AI for the Sake of AI'

As he announced Apple's new AI services, senior VP Craig Federighi was critical of other companies' pursuit of AI. "Some appear to be racing forward, seemingly pursuing AI for the sake of AI. without clear regard for the people--all of us--that it's ultimately meant to serve," he said.

Where the Stock Market Goes Next
Barrons.com111d agoneutral
Where the Stock Market Goes Next

Wall Street can’t agree on where it is heading next. Savita Subramanian, head of U.S. equity strategy at Bank of America and a broader market skeptic during much of the tech-paced rally that began in late March, thinks the easy market gains might be behind us. Monday’s recovery comes after Wall Street last week faced its sternest test in months, with tech leading a broader market tumble tied to accelerating bets on a Federal Reserve rate hike and the backdrop of increasing tensions in the U.S. war with Iran.

Is Chewy’s (CHWY) AI And Vet Clinic Push Quietly Rewriting Its Investment Story?
Simply Wall St.111d agoneutral
Is Chewy’s (CHWY) AI And Vet Clinic Push Quietly Rewriting Its Investment Story?

In the past week, Chewy’s upcoming Q1 earnings amid weak consumer confidence and inflation pressures, alongside increased AI spending and veterinary care expansion, have drawn fresh attention to the pet e-commerce group. What stands out is how Chewy is using heavier investment in artificial intelligence and vet clinics to adjust its operations and revenue mix while the broader pet sector faces softer spending trends. We’ll now examine how Chewy’s push into AI-driven efficiency and vet...

As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner
24/7 Wall St.111d agoneutral
As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner

Micron Technology (NASDAQ:MU) is the stock everyone wants to talk about right now, with shares up 202.87% year to date on an AI memory supercycle narrative that has order books reportedly stretching into 2027. But here’s what you should actually be watching. The Crowded Trade At The Top Of Its Cycle Micron just reported a ... As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner

US says BYD, Baidu and Alibaba and other tech giants are aiding China's military
Reuters111d agoneutral
US says BYD, Baidu and Alibaba and other tech giants are aiding China's military

The U.S. on Monday issued an updated list of Chinese companies it believes are aiding Beijing's military, including e-commerce group Alibaba, Internet search provider Baidu and automaker BYD. The long-awaited update supersedes ‌a list from early 2025, and comes less than a month after President Donald Trump met China's Xi Jinping on a ‌visit to Beijing, where the two leaders maintained a delicate trade war truce. In February, when Trump's trip to China had been pending, the Pentagon briefly posted an updated list, known ​as the 1260H or CMC list, but then quickly withdrew it with little explanation.

Week ahead: SpaceX readies for liftoff as inflation clouds gather
Proactive111d agoneutral
Week ahead: SpaceX readies for liftoff as inflation clouds gather

Wall Street heads into a big week after a sharp selloff rattled investors, with inflation data, Apple's annual developer conference and the highly anticipated SpaceX initial public offering set to dominate market attention. Stocks ended last week under pressure after a stronger-than-expected...

Bell Global Equities Fund Sold Nike (NKE) Amid Recovery Challenges and Inflation Pressure
Insider Monkey111d agoneutral
Bell Global Equities Fund Sold Nike (NKE) Amid Recovery Challenges and Inflation Pressure

Bell Global Equities Fund, managed by Bell Asset Management, released its latest investor update, available for download. March saw heightened volatility due to the Middle East conflict, with the MSCI World ex Australia Index falling 2.5% and the Bell Global Equities Fund (Wholesale class) declining 3.1%. The portfolio’s underweight in Energy was the primary headwind to relative […]

TSX Growth Companies With High Insider Ownership Include North American Construction Group
Simply Wall St.111d agoneutral
TSX Growth Companies With High Insider Ownership Include North American Construction Group

In the current Canadian market landscape, where interest rates remain on hold due to contained inflation and sluggish growth, investors are encouraged to focus on the broader economic fundamentals rather than short-term market fluctuations. In this context, growth companies with high insider ownership can be particularly appealing as they often demonstrate strong alignment between management and shareholder interests, potentially offering resilience amidst varying economic conditions.

U.S. Stake in Intel Adds Policy Angle to AI Valuation Debate
Simply Wall St.111d agoneutral
U.S. Stake in Intel Adds Policy Angle to AI Valuation Debate

U.S. government acquires an ownership stake in Intel (NasdaqGS:INTC) under the Trump administration. Transaction is part of a broader federal approach to take equity stakes in key AI and semiconductor companies. Move goes beyond prior grants and subsidies, introducing direct public sector participation in Intel's capital structure. Intel, traded on the NasdaqGS under the ticker INTC, is a major U.S. semiconductor and AI hardware company. Federal ownership adds a new layer to an already high...

Wall Street’s ‘Fear Gauge’ Leaps. What’s Weighing Hard on the Stock Market.
Barrons.com111d agoneutral
Wall Street’s ‘Fear Gauge’ Leaps. What’s Weighing Hard on the Stock Market.

Stock market investors could be facing a specter they haven’t had to navigate since early April, when the bull market in tech caught fire and powered domestic indices out of their early year torpor and tensions between Washington and Tehran simmered into a fragile truce effort. The two-day surge in volatility follows a series of events that have tested the strength of the current tech market wave, pushed the Federal Reserve into a challenging position of moving toward rate hikes while defying President Donald Trump’s public call for easier policy, and unsettled investors hoping for an extended cease-fire agreement between the U.S. and Iran. “At the same time, growing expectations of Fed tightening have caught an investor base overweight equities and overweight emerging markets,” said ING’s Chris Turner, the bank’s global head of markets.

House endorses 25-year old rules for rail merger review
FreightWaves111d agoneutral
House endorses 25-year old rules for rail merger review

Opponents of a controversial transcontinental rail merger hailed the House transportation appropriations committee’s backing of a ‘rigorous’ review of the deal by federal regulators. The post House endorses 25-year old rules for rail merger review appeared first on FreightWaves.