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Wall St ends modestly higher as AI zeal overcomes Middle East jitters
Wall St closes modestly higher with AI enthusiasm boosting stocks despite Middle East tensions and rising crude prices impacting inflation concerns.
Virginia founders use AI to jumpstart companies
Virginia startup Nestease leverages AI to offer flexible lawn care and home services, enabling customers to control scheduling and improve efficiency.
Virginia Tech opens $310M academic building in Alexandria
Virginia Tech opened its $310 million Academic Building One in Alexandria, advancing research and graduate programs in computing and business.
Rising exports lower US goods trade deficit in April
The US goods trade deficit narrowed in april as exports rose 4%, offsetting import gains amid ongoing middle east tensions and ai investment.
Amentum names inaugural chief AI architect
Chantilly-based government contractor Amentum has named Sam Nazari as its chief AI architect, a newly created position.
Wall Street rises as chip stocks rally ahead of Nvidia results
Wall Street's main indexes rose over 1% led by technology and chip stocks ahead of Nvidia's quarterly report, signaling strong AI sector optimism.
Elon Musk loses lawsuit against OpenAI
Elon Musk lost his lawsuit against OpenAI in a California federal court, with the jury ruling the case was brought too late and OpenAI not liable.
S&P 500, Nasdaq boosted by chips to record closing highs
The s&p 500 and nasdaq reached record closing highs driven by chip stocks and ai-related tech shares despite hot inflation data and fed rate concerns.
Warsh has big plans for the Fed, but results may take time
Kevin Warsh returns to lead the Federal Reserve with a reform agenda focused on inflation monitoring and communication amid market and political pressures.
S&P 500 inches to higher close, AI fervor edges out Iran impasse
The S&P 500 closed slightly higher as ai momentum in semiconductors outweighed inflation concerns from stalled U.S.-iran peace talks and rising crude prices.
US productivity slows further in first quarter
U.S. worker productivity growth slowed to 0.8% annualized in the first quarter, with expectations of a rebound due to increased artificial intelligence investment.
Crypto exchange Coinbase to cut about 14% of workforce in AI-driven restructuring
Coinbase plans to cut about 700 jobs, or 14% of its workforce, as it restructures around AI amid crypto market volatility and subdued trading volumes.
