Column: Wall Street’s AI-fueled surge is running into resistance
The US tech sector has had a torrid time of late. Ever since Broadcom issued some disappointing forward guidance, along with a solid, consensus-beating first-quarter result, tech stocks have been on the back foot. Then, just as investors were starting
Nvidia teams up with Abridge to build AI model for healthcare: report
Nvidia is expanding its presence in healthcare artificial intelligence through a new partnership with medical technology startup Abridge, as competition intensifies among technology companies seeking to apply AI tools across the healthcare industry. According to a report by The Wall Street
Caterpillar stock faces a major risk of a reversal amid valuation risks
Caterpillar stock price has pulled back in the past few days, moving from the year-to-date high of $947 on June 4 to the current $856. This retreat happened after it formed the risky double-top pattern on the daily chart. Valuation concerns
Crisis not yet over, but oil sourcing options have improved — Garin
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Mindanao earthquake exposes use of non-resistant rebar, steel lobby says
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Intel stock jumps on BofA upgrade as AI demand fuels growth outlook
Intel shares INTC surged 4% in premarket trading after Bank of America upgraded the semiconductor company to Buy from Underperform and raised its price target to $135 from $96. The brokerage cited growing demand for central processing units (CPUs) and Intel's