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Investors grow concerned AI isn’t being adopted fast enough to justify the hype, says Goldman Sachs

“Our conversations with investors have been defined by skepticism about latter stages of AI adoption,” Goldman analysts said.

Published 11 July 2024
Categorised as Finance News

Inflation falls 0.1% in June from prior month, helping case for lower rates

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Published 11 July 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Delta Air Lines, Costco Wholesale, Pfizer and more

These are the stocks posting the largest moves in premarket trading.

Published 11 July 2024
Categorised as Finance News

UK economy returns to growth in May, beating expectations as British pound hits four-month high

UK gross domestic product figures for May were published Thursday.

Published 11 July 2024
Categorised as Finance News

China’s robotaxi push sparks concerns about job security for drivers

China’s yearslong effort to develop robotaxis is starting to gain traction with consumers — and rattling taxi drivers who are worried about losing their jobs

Published 11 July 2024
Categorised as Finance News

Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’

Spot ether ETFs could hit the market as soon as this week, pending SEC approval, and Bitwise’s chief investment officer plans to get in on the action.

Published 10 July 2024
Categorised as Finance News

Stocks making the biggest moves after hours: WD-40 Company, Costco and more

See which stocks are posting big moves after the bell.

Published 10 July 2024
Categorised as Finance News

Key inflation report looms on Thursday as traders grow more confident in Fed rate cut

The June consumer price index will be released on Thursday, with traders eyeing September for the Federal Reserve’s first rate cut.

Published 10 July 2024
Categorised as Finance News

Stocks making the biggest moves midday: Intuit, AMD, LegalZoom.com, Baidu and more

These are the stocks posting the largest moves in midday trading.

Published 10 July 2024
Categorised as Finance News

Watch Fed Chair Jerome Powell testify live before the House financial services panel

The central bank chief is set for his second day of testimony on Capitol Hill.

Published 10 July 2024
Categorised as Finance News

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