Advertisement Space - Below Article Title
Advertisement Space - In-Article Ad
Original Source:
Read full article at sourceAdvertisement Space - End of Article
Markets saw continued pressure Thursday as broader AI related fears continued to roil Wall Street. A selloff of shares in US companies perceived to be under threat from artificial intelligence spread across sectors, including more insulated corners of the market like industrials, to send all market gauges lower. Technology names, such as Cisco., AppLovin and Tyler Technologies led the decline. Cisco plunged 12% as investors are concerned hardware and memory-chip prices are weighing on the company’s outlook. Consumer staples and utilities were the top-performing sectors as investors continued to pile into defensive groups. Raphael Thuin, Head of Capital Markets Strategies at Tikehau Capital, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
Rivian expects to deliver up to 67,000 EVs this year but could dole out more than $2.1 billion on capital expenditures as it expands its roadmap.
The crypto exchange’s stock bounced off a two-year low as it looked to ease investor worries amid a sharp crypto selloff.
Apple reportedly is facing even more snags in its planned rollout of a more advanced version of Siri, which has been long delayed.
The iPhone-maker faces delays in its AI assistant.
NBA Hall of Famer Grant Hill reflects on the influence his parents had on his life, shaping him into the business owner and entrepreneur he is today and the importance of passing that experience along to the next generation of players. (Source: Bloomberg)