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Following the arrival of a less-than-stellar jobs report, the stock market is now wrapping up a bad week on a sour note. Broadly speaking, August’s jobs data missed expectations and showed a big slowdown in hiring last month. That disappointing print only stoked investors’ fears about a potential recession on the horizon.  But that same

The stock market has found itself in a bout of volatility recently – but that all could change in about two weeks when the Federal Reserve cuts interest rates for the first time in this cycle. While the S&P 500 is up more than 15% so far in 2024, pretty much all those gains came

September is historically a terrible, horrible, no good, very bad month for stocks – and Tuesday certainly lived up to the reputation. Over the past roughly 100 years, stocks have averaged a 1.2% drop in September, making it the worst month for stocks by a wide margin. The past five years have been especially bad

Nearly two years ago, OpenAI debuted ChatGPT, its next-gen AI-driven chatbot. And with that launch, the firm kickstarted an AI frenzy that has since reshaped the global economy, the stock market, even parts of our daily lives.  Now it appears that OpenAI is gearing up to do it all over again with a brand-new iteration. 

With the release of this morning’s inflation report, the last piece of the current economic puzzle has now fallen into place. And it’s got the stock market buzzing with enthusiasm – for good reason. Indeed, July’s personal consumption expenditures (PCE) data revealed that the core PCE Price Index — a key measure of inflation that

We’ve been pounding the table on AI stocks for a long time now, and we’re still pounding the table on them today. But they aren’t the only good stocks to buy in the market right now. We’re also huge fans of consumer stocks at the current moment. Today, Nordstrom (JWN), Abercrombie & Fitch (ANF), Foot

Whether inspired by science fiction or true technological progress, people have long feared that human workers will one day be replaced by robots or artificial intelligence (AI).  To some, that future may be generations away. But ever since ChatGPT’s debut in late 2022, AI has progressed at unfathomable speeds. And over the past few quarters,

Editor’s note: “Apple Intelligence: The Next Frontier in AI Development” was previously published in July 2024. It has since been updated to include the most relevant information available. Right now, the world’s most powerful companies are in an all-out race to develop top-tier artificial intelligence. Titans like Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta (META),

Tom Yeung here with this week’s Sunday Digest… where each week I bring you the best stories and investment ideas from the analysts across InvestorPlace.  Over the past several weeks, you’ve heard me talk a lot about artificial general intelligence (AGI). That’s the moment when AI becomes smarter than humans in a broad variety of

For years now, Americans have endured one of the most fast-and-furious rate-hiking cycles in modern history. But today – thanks to U.S. Federal Reserve Board Chair Jerome Powell – they can finally breathe a sigh of relief. That’s because this morning, at a highly anticipated conference in Jackson Hole, Wyo., Powell confirmed that the Fed