AI turbocharged the stock market. Now it’s firing up the economy.
A modernday gold rush is giving a big boost to U.S. GDP. Source:MarketWatch
Going back to the office may actually be better for you than working from home
Returning to the office — even just a few days a week — might be what fully remote workers actually need. Source:MarketWatch
Big Tech is obsessed with smart glasses. Now it has to convince people to wear them.
Smart glasses could become the definitive hardware design of the AI era — if consumers buy in to the idea. Source:MarketWatch
SpaceX’s new $11 billion ‘saving grace’ comes with a big catch
The company’s pivot toward offering hardware access to rivals could hamstring its own AI goals. Source:MarketWatch
It’s a tale of two S&P 500s as rotation out of top tech stocks shifts into overdrive
The equalweighted version of the S&P 500 outperformed its traditional capitalizationweighted sibling this week by the widest margin in six years.…
ServiceNow, Salesforce and other software stocks surge as the OpenAI threat weakens
Oracle’s stock missed out on the broader software rally, as the company is tied to OpenAI’s success through its cloudinfrastructure business. Source:MarketWatch
Tech stocks just had one of their worst weeks in a year. Here’s how AI momentum went off the rails.
It one of the worst weeks for tech stocks of the year, and Wall Street spent much of it confronting a question it had been too euphoric to ask: what exactly…
SpaceX’s new bonds are flashing a warning sign, as investors pump the brakes on AI frenzy
Elon Musk’s company made a splash earlier this week with a $25 billion bond deal, less than two weeks after it raised tens of billions of dollars in cash.…
Iran’s ship attack tests the shipping-insurance market just as war-risk premiums had plunged
Warrisk premiums narrowed considerably in recent days but could increase again. Source:MarketWatch
Fed’s Kashkari projects one interest-rate hike this year. Here’s what changed his mind.
Doubts over the U.S.Iran peace deal and the AI buildup mean a rate hike is possible, the Minneapolis Fed president says. Source:MarketWatch
The World Cup has made Cape Verde goalkeeper Vozinha a $17 million star
As Cape Verde faces off against Saudi Arabia tonight, here’s a look at what could be next for the breakout World Cup star. Source:MarketWatch
Healthcare stocks have become a haven for investors ditching tech
Shares of AbbVie, Eli Lilly and Johnson & Johnson were on track to hit alltime highs Friday, in the latest signal that investor appetite for the…