The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interest-rate fears hit the market.
Anthropic and New York City’s comptroller have opened a line of communication to discuss “existential risks” posed by AI and what that could mean for the company’s future stock.
Hot CPI and PPI data should have pushed Treasury yields higher. Instead, bond buyers stepped in to suggest yields have risen high enough to become attractive for investors.
Investors aren’t giving EchoStar enough credit for the value of its future SpaceX stake or its potential to strike more spectrum deals, an analyst argues.
The annual cost-of-living adjustment may soon be capped, curtailed, means-tested or scrapped altogether under various proposals being actively considered
Tesla’s newly unveiled flying sports car, which features SpaceX rocket thrusters, could help Musk push for a merger between his two biggest companies, analysts say,