Jeran Wittenstein

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AI Can Only Do 5% Of Jobs, Says MIT Economist Who Fears Crash

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There's little chance AI will live up to the hype, says Daron Acemoglu, who adds that money will be wasted.

Traders Need A New Stock Market Playbook For These Rate Cuts

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Traders are trying to decide how to respond to rate reductions during a time of economic growth.

Dow's Lack Of AI Stocks Puts Blue-Chip Index 'Behind The Curve'

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The 128-year-old blue-chip index doesn't include Meta, Nvidia or Alphabet.

S&P 500 Is Surviving Big Tech's Slide As 'Other 493' Catch Up

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The so-called Magnificent Seven tech stocks have mostly slumped since July.

Nvidia Rebound Adds $400 Billion In Market Value Over Four Days

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The rally in Nvidia took options traders who have been betting on more losses in the chipmaker off guard.

Big Tech Is Driving The S&P Rally. The Rest Have To Step Up Soon

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The profits of large tech companies are expected to slow dramatically.

Alphabet's Cash Boom Is Raising Dividend Hopes On Wall Street

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The search giant has been plowing excess cash into share buybacks for years.

Amazon Investors Eye Bigger Returns With Cash Pile Growing

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Amazon had more than $86 billion in cash at the end of 2023.

S&P 500 Rally Gets A Costly Layer Of Risk In Rise Of Chipmakers

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The semiconductor industry is notoriously cyclical, with regular boom and bust cycles.

Tech Stocks Left Out Of Rally Ease Fears A Bubble Is Building

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Money-losing tech companies that surged in 2020 fall this year.

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