Amdocs is cutting between 2,700 and 3,000 jobs, roughly 10% of its global workforce, under new CEO Shimie Hortig as part of an AI-driven restructuring. The layoffs, which include hundreds of positions…
The S&P 500 Momentum Index surged 31.7% over two months through May 2026, its largest gain since inception in 1994, driven almost entirely by AI and semiconductor stocks. Technology stocks generated r…
The S&P 500, Nasdaq, and Dow Jones Industrial Average closed at record highs on May 29, driven by strong AI-fueled tech earnings from Dell and reports of a potential US-Iran ceasefire extension. Bitco…
Software stocks surged in late May, led by Snowflake and Okta, as investors rewarded companies with visible AI strategies, with the iShares software ETF rising 8% for the week and closing May up 21%—i…
JPMorgan Chase CEO Jamie Dimon advised Generation Z graduates to focus on developing critical thinking, emotional intelligence, and communication skills rather than fearing AI job displacement, callin…
New Constructs CEO David Trainer is advising investors to avoid SpaceX's highly anticipated IPO, calling the company's projected $1.75 trillion valuation "truly out of this world." Trainer argues that…
The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite closed at fresh record highs on Friday, capping a winning month driven by an AI-fueled rally and investor anticipation of President Dona…
The Korea Composite Stock Price Index (KOSPI) opened 0.77 percent lower Thursday, falling to 8,165.73, as a rally driven by artificial intelligence stocks paused and oil prices declined amid mixed sig…
The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite closed at all-time highs on the same day for the first time in 2026, ending months of divergence between the indexes. The milestone capp…
The S&P 500 and Nasdaq traded in a narrow range Wednesday as the AI-driven rally stalled and investors monitored Middle East developments. Banking stocks fell after JPMorgan Chase CEO Jamie Dimon warn…
Korean stocks opened at a record high Wednesday, with the KOSPI surging 4.63 percent to 8,420.27, driven by a tech rally and renewed Middle East tensions. The index surpassed the 8,000-point threshold…
INNIO Group filed for a $2 billion initial public offering on the Nasdaq under the ticker "INIO," citing surging electricity demand from AI data centers as a key growth driver. The company, which supp…
The Nasdaq composite index closed at an all-time high, driven by investor optimism over artificial intelligence and strong corporate earnings. The milestone reflects growing confidence in the technolo…
The article highlights a growing disconnect between strong U.S. stock market performance and declining consumer confidence, as the S&P 500 rose for its eighth straight winning week while a University …
Nasdaq eVestment has partnered with Snowflake to deliver near real-time institutional data and insights through an agentic AI solution, responding to client demand for AI-ready data in asset managemen…