“Many participants noted that ongoing strong demand for AI infrastructure would likely sustain upward pressure on prices for technology products and electricity.” That line from the Federal Reserve’s June meeting minutes captured a shift that Wall Street is only beginning to price. Artificial intelligence was sold to investors as a productivity revolution. For the Fed,
Science fiction scenarios are slowly becoming reality. OpenAI this week said one of its AI agents autonomously escaped a controlled testing environment, accessed the open internet, and hacked the AI platform Hugging Face. The disclosure has reignited debate over AI safety, autonomous agents, and cybersecurity. Increasingly capable models are beginning to demonstrate behavior that extends
Top flying car stocks such as Joby Aviation and Archer Aviation have tumbled this year, wiping out billions of dollars in market value. Joby Aviation shares have fallen 48% year to date and 60% over the past 12 months, while Archer Aviation has declined 37% and 57%, respectively, despite both companies moving closer to commercial
US stock futures edged higher on Friday as Intel’s upbeat outlook and easing oil prices offered investors some relief after Thursday’s technology-led sell-off. Dow futures gained 275 points, or 0.5%, while S&P 500 and Nasdaq 100 contracts rose about 0.3%. The rebound remained tentative after Alphabet and Tesla reignited doubts over the cost of the
The EU has escalated its investigation into TikTok over concerns about the safety and privacy of teenage users. The European Commission, the EU’s executive branch, announced preliminary findings against the ByteDance-owned social media platform on Friday under the Digital Services Act (DSA). The Commission said TikTok’s account settings for users under the age of 18
Oil prices declined nearly 3% on Friday as traders booked profits after the previous session’s sharp rally, but crude remained on track for its strongest weekly gains in months as geopolitical tensions in the Middle East continued to raise concerns over global energy supplies. Brent crude futures fell nearly $3, or 2.93%, to $97.72 a
Britain’s FTSE 100 index rose on Friday, supported by gains in HSBC Holdings that lifted financial stocks. Investors also monitored rising oil prices and escalating tensions in the Middle East. The blue-chip FTSE 100 index rose 0.3% to 10,674.68 points by 1018 GMT. The mid-cap FTSE 250 index also gained 0.3%. Both indexes were on
As central bank policy stabilizes and real estate valuations recalibrate, income-focused investors are increasingly looking toward real estate investment trusts (REITs) to secure durable cash flows. However, capturing reliable passive income in today’s market requires looking beyond raw yield – it demands balance sheet strength, high portfolio occupancy, and clear distribution visibility. Whether anchoring a
Oracle stock rose by 2% in the premarket session as the company reached a deal with the US government in a major win for Larry Ellison, a close friend of Donald Trump. Still, it remains near its lowest level since April 2025. It has fallen by 65% from its all-time high. Oracle reaches a $7
JPMorgan’s Equity Premium ETF (JEPI) has done well in the past few years, with its assets soaring to $45 billion. Its inflows have jumped by over $4.1 billion as investors rushed to buy it for its 8% yield. Still, another little-known fund by Goldman Sachs is making waves. Goldman Sachs S&P 500 Premium Income ETF