Jaque Silva | Nurphoto | Getty Images The latest earnings season has addressed investors’ concerns about the artificial intelligence boom, thanks to the robust growth outlook and capital spending projections of many tech companies. Investors seeking exposure to companies that are well-positioned to capture AI-led growth can track the recommendations of top Wall Street analysts,…
UBS has narrowed down its Chinese artificial intelligence plays to two leading companies. With several mainland companies having had a chance to monetize generative AI in the past two years, leaders and laggards are now emerging. “We favor AI-driven and alpha growth names with strong execution,” a team led by the investment bank’s Hong Kong-based…
Skepticism is mounting about the viability of Oracle’s multiyear deal with OpenAI, a company that has yet to report a profit. Oracle’s stunning results on Tuesday inspired confidence from the market about the longer term viability of AI demand. Oracle shares ripped 36% higher on Wednesday for its best day since 1992 . But doubts…
Lisa Cook, governor of the US Federal Reserve and governor nominee for US President Joe Biden, during a Senate Banking Committee nomination hearing in Washington, DC, US, on Wednesday, June 21, 2023. Anna Rose Layden | Bloomberg | Getty Images Federal Reserve Governor Lisa Cook is asking a U.S. appeals court to reject the Trump…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC (This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett. You can sign up here to receive it every Friday in your inbox.) UnitedHealth Group shares have soared almost 30% since Berkshire Hathaway’s…
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | Reuters WASHINGTON — President Donald Trump said he hopes the nation will heal following the assassination of conservative activist Charlie Kirk, though he suggested in an exclusive interview…
Inflation has picked up since President Donald Trump announced new import tariffs in April, with the latest consumer price index data showing outsized increases in tariff-sensitive categories, including coffee, toys and televisions. Overall prices rose 2.9% in August from a year earlier, up from 2.7% in June and July, according to CPI data released Thursday. The…
When Neil Hershman, the 30-year-old CEO and majority owner of frozen yogurt chain 16 Handles, visits his self-serve dessert shops, he keeps it simple. His go-to order: a plain tart-flavored swirl with strawberries, blueberries, chocolate chips and hazelnut crunch. And no, he does not eat frozen yogurt every day — just a few times a…
It was a stellar week for stocks as Wall Street speculated on the Federal Reserve’s upcoming and highly anticipated interest rate decision and what comes next. The S & P 500 and Nasdaq each hit multiple record highs since Monday. A mixed bag of economic data, along with a blowout earnings report from Oracle ,…
After a historic drought that paralyzed vessel transits through the Panama Canal, the Panama Canal Authority is moving ahead with major investments in new infrastructure to mitigate future droughts and the risk of low water levels that in recent years plagued the key global trade gateway. The Panama Canal depends on fresh water for its…
