Apple is developing an AI-powered search tool called "World Knowledge Answers" for Siri, signaling a shift toward in-house AI innovation over acquisitions.
The U.S. stock market has delivered surprisingly strong returns in 2025, but history and Wall Street say the index will trade sideways in the remaining months of the year.
Nvidia CEO Jensen Huang's decade-long mentorship helped SoundHound AI founder Keyvan Mohajer grow a dorm-room idea into a $5.8 billion voice tech company now gaining Wall Street momentum.
Nvidia warned that a new U.S. bill could hurt its global edge by restricting AI chip exports, while growing pressure pushes tech firms like OpenAI to seek alternatives.
Broadcom, Inc., a direct competitor to Nvidia in AI chip making, saw its Q3 free cash flow surge again, along with a rise in its FCF margins on strong AI-related chip demand.
Shares of global insurance giant AIG (NYSE:AIG) fell 3.3% in the afternoon session after a significantly weaker-than-expected U.S. jobs report sparked concerns about the health of the economy. According to the U.S. Bureau of Labor Statistics, non-farm payrolls increased by only 22,000 in August, a figure substantially below expectations. This disappointing data suggests a potential slowdown in economic activity. For a major insurance and financial services provider like AIG, a cooling economy can translate to lower business volumes and potential headwinds for its investment portfolio, leading to negative investor sentiment.
