The S&P 500 was down 0.4% in afternoon trading, even though the majority of stocks within the index were rising, and remains on track for its first losing week in the last six. The drop for tech stocks dragged the Nasdaq composite down a market-leading 1.1%, as of 2:33 p.m. Eastern time, while the Dow … Read more
The relentless stream of AI headlines makes it hard to get a sense of which businesses are real winners in the AI boom—and which will win in the longer run. To help answer this question The Economist has looked where value has accrued so far and how this tallies with the expected sales of products … Read more
The shares of Dell Technologies jumped a record 25% on Friday propelled by optimistic projections foreseeing an upswing in the demand for information technology equipment to capitalize on the flourishing artificial intelligence (AI) trend. The market boost will help to add another $17.7 billion to Dell’s market value as it climbed to $118.8 on Friday. … Read more