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US wholesale prices arrive hotter than expected, up 0.5% from December and 2.9% from a year ago - AP News
U.S. wholesale prices came in hotter than expected last month. The Labor Department reported Friday that its producer price index, which measures inflation before it hits consumers, rose 0.5% from December and 2.9% from January 2025. Economists had forecast a…
Nvidia CEO delivers blunt 7-word rebuttal on software stocks - thestreet.com
The man who built the AI boom says investors are misreading software stocks.
Here’s Why CoreWeave (CRWV) Is Dragging Down Nebius and Iren After Its Mixed Q4 - TipRanks
AI cloud company CoreWeave’s ($CRWV) shares plunged over 21% on Friday afternoon, pulling down peers Nebius ($NBIS) and Iren ($IREN) following the release of its mixed fourth-quarter earnings. The results
Jack Dorsey's Block cuts 40% of staff, 4,000+ people — and yes, it's because of AI efficiencies - Venturebeat
Executives should begin by auditing their own internal workflows to identify where agentic AI can consolidate roles and flatten management hierarchies.
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI - AP News
Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it was laying off more than 4,000 of its 10,000 some employees due to efficiency gains from artificial intelligence. Jack Dorsey said tha…
Asian Stocks to Ebb as Nvidia Decline Dulls Mood: Markets Wrap - Bloomberg.com
The S&P 500 is set for a monthly loss after a whirlwind February in which twin fears of a bubble in the artificial-intelligence trade and of the technology’s disruptive power drove sharp swings.