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US stocks fall as Nvidia earnings temper AI sector enthusiasm
U.S. stocks declined after Nvidia's earnings failed to meet investor expectations, cooling enthusiasm for AI-driven tech shares despite strong results.
US weekly jobless claims rise slightly
US weekly jobless claims increased slightly to 212,000 for the week ending February 21, reflecting a stable labor market despite hiring hesitancy and AI-related layoffs.
Wall Street extends tech-powered rally as AI worries abate; Nvidia reports
Wall Street's tech rally continued as Nvidia reported strong Q4 revenue, easing AI disruption concerns and boosting semiconductor stocks.
AMD clinches second mega chip supply deal, this time with Meta
AMD said on Tuesday it has agreed to sell up to $60 billion worth of artificial intelligence chips to Meta Platforms over five years.
Wall Street ends sharply lower amid AI displacement fears and revived tariff angst
Wall Street stocks dropped sharply as fears over artificial intelligence disruption and revived tariff concerns weighed on investor sentiment amid ongoing geopolitical tensions.
Software companies face higher borrowing costs, tougher scrutiny as AI threatens businesses
Software companies in the US are delaying debt deals due to rising borrowing costs and lender scrutiny amid fears of AI disrupting business models.
CoStar cuts Richmond jobs as Homes.com faces scrutiny
CoStar is laying off Richmond employees as it expands AI at Homes.com and faces investor criticism over spending and strategy.
American Systems wins $173M Navy contract
American Systems announced that it has received a $172.7 million Navy contract to continue testing and evaluating new military technologies.
Blackstone boosts stake in AI startup Anthropic to about $1B, source says
Blackstone is boosting its investment in Anthropic to about $1 billion, valuing the Claude chatbot maker at roughly $350 billion as investor appetite for leading generative AI companies remains strong.
Amazon plans to launch AI content marketplace, The Information reports
Amazon is signaling plans for an AI content marketplace that would let publishers sell material to artificial intelligence companies, as tech firms and media groups negotiate new rules and fees for AI use of content.
Amazon shares slide as $200 billion outlay fans fears over AI returns
Amazon stock fell after unveiling a $200 billion AI capex plan, raising investor fears and questions about Big Tech returns.
Wall Street ends sharply down as AI worries weigh
U.S. stocks fell sharply as heavy AI spending plans from Alphabet and Big Tech reignited fears over profits and valuations.
