Asian stock are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as U.S. President Donald Trump announced a new round of tariffs ranging from 25 to 100 percent on upholstered furniture, kitchen cabinets, heavy trucks and branded drugs starting October 1. Asian markets ended mixed on Thursday.Renewed uncertainty about the outlook for interest rates also weighed on the markets following the release of some largely upbeat U.S. economic data.Traders now await the ...

U.S. Federal Reserve Chair Jerome Powell on Tuesday called stocks "fairly highly valued". Sha Hanting / China News Service / VCG via Getty Images Close Key Takeaways The present AI frenzy is often compared with the Dotcom Bubble of the 1990s, a parallel that some investors think was invoked, intentionally or not, by Federal Reserve Chair Jerome Powell on Tuesday. "Equity prices are fairly highly valued,†said Powell when asked during an appearance in Rhode Island about the Fed's risk tolerance. Nonetheless, ...

Nvidia and OpenAI: Is the Tech Boom Eating ItselfChris Newman3 min read·Just nowJust now--I’ll sum up immediately: I don’t know if the AI boom is a bubble (and neither does anyone else), but Nvidia’s announced $100B investment in OpenAI doesn’t tell us anything one way or the other.I was greeted the other day by a torrent of posts on BlueSky suggesting that tech is finally feeding itself by vomiting into its own mouth in a dangerous trend toward vendor financing, and an economy of rich people passing each o ...

Nvidia CEO Jensen Huang (right) speaks at the White House beside President Donald Trump on April 30, 2025. Jim Watson / AFP / Getty Images Close Key Takeaways Technology executives have been vocal this week in response to President Donald Trump's changes to the H-1B visa program. CEOs like Jensen Huang of Nvidia (NVDA) and others have offered arguments both for and against the changes. Huang, in an interview with CNBC alongside OpenAI CEO Sam Altman on Monday, said that Nvidia wants "all the brightest minds ...

Bets that the Federal Reserve will continue cutting interest rates have fueled a rally in one of the riskiest corners of the technology sector, raising concerns about a potential reversal in the stocks. A basket of unprofitable tech companies tracked by UBS Group AG has jumped 22% since the end of July, compared with a 2.5% advance for its profitable counterpart and the Nasdaq 100 Index’s 5.9% advance. The run-up has sent the group, which includes lesser-known companies like SoundHound AI Inc. and Unity S ...

Costfoto / NurPhoto via Getty Images Alibaba's U.S.-listed shares have nearly doubled this year as the Chinese company piles money into AI. KEY TAKEAWAYS Alibaba is reportedly planning to spend even more on AI in the next three years than the $53 billion it said previously, marking the latest announcement by a large tech firm to spend big on the technology. The Chinese tech firm's CEO announced the AI spending plan, according to reports, just days after Nvidia said it would invest $100 billion in OpenA ...

Amid rising concerns about stagflation, investors have continued to bid up the equities sector. As evidence, the benchmark S&P 500 sector is up over 13% year-to-date. However, the concern is that most of these tremendous gains are now concentrated in an elite minority of tech players known as the Magnificent Seven. These entities have recently combined to reach a market capitalization of nearly $21 trillion: great for them but not great for underperforming sectors like healthcare.One of the laggards is the ...

公司政治行动委员会投资 - Meta公司正投资数千万美元用于成立一个新的超级政治行动委员会，旨在对抗各州层面提出的监管人工智能及其他技术的提案[1] - 该美国技术卓越项目旨在阻止公司认为制定拙劣且可能损害美国在人工智能领域与中国竞争努力的州级法案[2] - 该超级政治行动委员会还将支持那些“拥抱人工智能发展、拥护美国技术行业并捍卫美国国内外技术领导地位”的州级候选人当选[3] 公司游说活动 - Meta已在春季花费51.8万美元用于游说反对一些技术法案[4] - 公司此前启动了一个名为“动员加州经济转型”的加州超级政治行动委员会，以支持青睐人工智能创新的州级职位候选人[3] - 行业游说者曾试图将一项为期10年的州级人工智能监管禁令附加到前总统特朗普的税收立法中，但该尝试在6月失败，他们正努力将其附加到未来的立法中[5] 行业监管立场 - 科技行业代表认为监管会减缓人工智能发展，州法律拼凑而成的体系比联邦立法更难应对，且监管应适用于技术如何使用而非技术本身[5] - 科技公司持续向白宫和国会施压，要求通过立法以阻止各州监管人工智能[4] - 行业主张联邦层面的统一监管，以避免各州法规不一致带来的复杂性[5] 州级立法动态 - 今年已提出1100项州级技术政策提案[2] - 加州已成为试图监管该技术最活跃的州[4] - 州立法支持者认为联邦政府未能通过全面的人工智能立法，该技术可能被用于损害消费者和艺术家，各州应有权通过法律保护其公民[6] 立法进程结果 - 参议院以99票对1票的投票结果否决了拟议的为期10年的州级人工智能监管暂停令[6] - 一些批评该提案的人士对限制各州监管一项强大且具有潜在颠覆性技术表示担忧[6]

Major U.S. benchmarks slipped from record levels. ...

In the wake of the Trump administration's sudden overhaul to the H-1B visa program, influential business groups are publicly staying on the sidelines. For now, at least. Last week, President Donald Trump issued a proclamation that added a $100,000 fee on H-1B visas, a specific visa granted to skilled foreign professionals allowing them to temporarily work in the U.S that's popular with major tech companies. It raised alarm among businesses of all sizes and employees who feared they might get hit with majo ...