The Nasdaq Composite fell more than 1% on Monday, with big technology stocks creating the biggest drag as investors worried about demand for technology supporting artificial intelligence while they waited for results from market heavyweight Nvidia.
Artificial intelligence is pushing humanity toward a more efficient future, but like any world-changing technology will eventually crash and hurt investors, according to longtime Wall Street doomsayer Jeremy Grantham.
Dell on Thursday forecast a decline in its adjusted gross margin rate for fiscal year 2026, hit by higher costs to build artificial intelligence servers in a fiercely competitive market, while its PC business also lagged amid soft demand.
Language learning app Duolingo forecast annual revenue above Wall Street expectations on Thursday, anticipating a stronger adoption of its subscription tier featuring artificial intelligence capabilities.
Wall Street took a dim view of Nvidia's quarterly forecast on Thursday with investors pushing the stock down more than 8%, piling pressure on the "Magnificent Seven" stocks that have garnered market skepticism in the last three months.
U.S. stock indexes fell sharply Thursday as Wall Street's frenzy around artificial intelligence technology continued to fizzle.
Wall Street's biggest high-frequency trading (HFT) firms have long relied on expensive, proprietary trading systems for their competitive edge. But a new challenger could be emerging from an unexpected direction: open-source artificial intelligence (AI).
Wall Street is once again fixated on Nvidia, as the main player in the artificial intelligence mania is set to report earnings after the bell Wednesday and give an update on demand for its semiconductors,
HP Inc beat first-quarter revenue estimates on Thursday, driven by strength in its personal systems segment and growing demand for artificial intelligence-capable systems.
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this