IMF Warns AI Bubble Could Burst and Hit Economy
The IMF warns stretched AI valuations and concentrated markets could trigger a sharp correction with global spillovers, echoing dot-com era risks.
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AI Stocks Drag S&P 500 Lower as Chip Shares Slide
The S&P 500 slipped Friday as AI-linked and semiconductor stocks sold off, putting chip shares on track for their worst week since July.
US Inflation Climbs to 3.7% in September, BLS Says
US annual inflation rose to 3.7% in September, according to Bureau of Labor Statistics figures, keeping pressure on the Federal Reserve and household budgets.
Bank of America Hit With $1.2B Money Laundering Fine
US regulators are reported to have fined Bank of America $1.2 billion over anti-money laundering failures. Here is what is known, what it means and what comes n
Nike Stock Drops as Revenue Misses, China Sales Slide
Nike shares fell as revenue missed estimates and China sales declined again. Here is what the headline signals and which earnings details matter most.
Michael Burry Says Markets Should Tank to Stop AI IPOs
Michael Burry posted on X that markets should tank to block the OpenAI and Anthropic AI IPOs. Here is what he said and where both listing plans stand now.
Nutrien Invests $500M in North Vancouver Terminal
Nutrien is investing $500 million to expand potash export capacity at a North Vancouver terminal, aiming to meet rising global fertilizer demand.
Amazon Blocks Meta’s AI Shopping Agent, Google Next
Amazon is blocking Meta's AI shopping agent from its marketplace and plans to restrict Google and OpenAI's agents too, reigniting the AI antitrust debate.
Zuckerberg Loses $9B as Goldman Warns on Meta Stock
Meta shares slid Friday after Goldman Sachs cooled on the stock's AI-fueled rally, wiping roughly $9 billion off Mark Zuckerberg's net worth in a single session
Oracle Shares Slide on Data Center Force Majeure Report
Oracle stock fell sharply after a report claimed the company issued a force majeure notice tied to a major data center project, raising AI buildout concerns.
