Apple is developing an AI-powered search tool called "World Knowledge Answers" for Siri, signaling a shift toward in-house AI innovation over acquisitions.
The U.S. stock market has delivered surprisingly strong returns in 2025, but history and Wall Street say the index will trade sideways in the remaining months of the year.
Nvidia CEO Jensen Huang's decade-long mentorship helped SoundHound AI founder Keyvan Mohajer grow a dorm-room idea into a $5.8 billion voice tech company now gaining Wall Street momentum.
Nvidia warned that a new U.S. bill could hurt its global edge by restricting AI chip exports, while growing pressure pushes tech firms like OpenAI to seek alternatives.
Broadcom, Inc., a direct competitor to Nvidia in AI chip making, saw its Q3 free cash flow surge again, along with a rise in its FCF margins on strong AI-related chip demand.
Shares of global insurance giant AIG (NYSE:AIG) fell 3.3% in the afternoon session after a significantly weaker-than-expected U.S. jobs report sparked concerns about the health of the economy. According to the U.S. Bureau of Labor Statistics, non-farm payrolls increased by only 22,000 in August, a figure substantially below expectations. This disappointing data suggests a potential slowdown in economic activity. For a major insurance and financial services provider like AIG, a cooling economy can translate to lower business volumes and potential headwinds for its investment portfolio, leading to negative investor sentiment.
Shares of asset management firm WisdomTree (NYSE:WT) fell 3.9% in the afternoon session after a broader market downturn as investors assessed the state of the U.S. job market. The decline was not unique to WisdomTree, as U.S. stocks broadly fell while Wall Street debated whether the labor market has slowed too much. The negative sentiment impacted major stocks across the market, including AI-related chip company Nvidia, which dropped 4%. This widespread sell-off suggests that WisdomTree's stock was caught in the larger market currents driven by economic uncertainty rather than company-specific news.
Shares of arcade company Dave & Buster’s (NASDAQ:PLAY) fell 2.6% in the afternoon session after investors reacted to broader market concerns about the health of the U.S. job market.
U.S. corporations have delivered a remarkably strong performance across the first three quarters of 2025, consistently surpassing Wall Street's earnings estimates and injecting a much-needed jolt of optimism into the financial markets. This robust showing, particularly pronounced in the second quarter, has largely mitigated earlier concerns about decelerating growth
The broader stock market is once again making headlines as the S&P 500 index continues its relentless march into uncharted territory, consistently hitting new record highs. This impressive climb, with the index surpassing 6,500 points recently, naturally sparks a crucial question: is this a truly robust, broad-based rally,
