In the world of tech, big things are happening. Microsoft and Nvidia are teaming up to put a huge $15 billion into a company called Anthropic. This company made a chatbot named Claude. Microsoft is putting in $5 billion of that. This is a big deal because it makes Anthropic a strong rival to another AI company, OpenAI, where Microsoft also has a stake. But wait, the...
Tech stocks have been on a wild ride lately. They've shot up to new highs, all thanks to the hype around AI. But now, people are starting to wonder if this is a bubble ready to burst. Some big names in the industry, like Bret Taylor from OpenAI and fund manager Mark Mobius, think a market correction is coming. They're not alone in their concerns. But on the other si...
The stock market took a nosedive recently, with the S&P 500 officially entering a "correction" phase. This means it has dropped more than 10% from its peak in February. The Nasdaq and Dow Jones Industrial Average also saw significant declines. The tech and media sectors were particularly hard hit. This downturn is largely due to the ongoing trade tensions and the l...
The stock market, which has been on a high for two years, is now showing signs of slowing down. This shift is due to the unpredictable policies coming out of Washington. Investors are feeling uneasy because of the back-and-forth on tariffs and the recent layoffs of federal employees. This uncertainty has led to a significant drop in the stock market. The S&P...