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Tag: artificial intelligence
Amazon Cuts 14,000 Corporate Jobs Amid AI Investment Push
Layoffs Target Bureaucracy as Company Refocuses on AI Growth Amazon announced plans to lay off about 14,000 corporate employees, or…
OpenAI Launches ChatGPT Atlas: A Browser Built Around AI
A New Way to Experience the Web with ChatGPT at Its Core OpenAI has unveiled ChatGPT Atlas, a new AI-powered…
S&P 500 slips as Nvidia and Oracle weigh on AI trade
Indexes end lower The S&P 500 fell 0.28 percent Wednesday to close at 6,637.97, while the Nasdaq Composite lost 0.34…
Alphabet Joins $3 Trillion Market Cap Club
A Historic Milestone Alphabet, Google’s parent company, has officially joined the $3 trillion market cap club, becoming only the fourth…
S&P 500 Hits Record on PPI Decline and Oracle Surge
The S&P 500 reached a new record high on Wednesday after wholesale inflation unexpectedly declined, bolstering investor hopes for a…
US Stocks Hit Record Highs Amid Bubble Fears
The US stock market continues its remarkable surge, with the S&P 500 rising more than 60 percent since early 2023…