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U.S. approach to regulation of AI is problematic, Sixth Street's Chavez says
Reuters50d agoneutral
U.S. approach to regulation of AI is problematic, Sixth Street's Chavez says

The United States' regulation of artificial intelligence is problematic and inconsistent, Martin Chavez, vice chairman at ‌investment firm Sixth Street, told Reuters on Tuesday. Speaking at the Reuters Momentum ‌AI London event, Chavez criticised the current U.S. approach of regulating each new AI model's ​release individually, citing a lack of transparency on how decisions are made and who is making them. The outspoken remarks from a technology and financial industry veteran, who is also a member of the board of Google owner Alphabet ‌Inc, echoed growing concerns ⁠about how the lack of a level playing field in AI regulation could increase risks.

Microsoft Heads for Biggest Monthly Loss Since Dot-Com Burst
The Wall Street Journal50d agoneutral
Microsoft Heads for Biggest Monthly Loss Since Dot-Com Burst

18% That's how much Microsoft shares have fallen this month as investors retreat from Mag 7 stocks. It's put the tech behemoth on track for its worst month since December 2000, when stocks were in the midst of the dot-com bubble burst.

Investing.com50d agoneutral
Wolfe sees higher memory prices adding to U.S. inflation pressures

Investing.com -- Wolfe Research said surging memory chip prices driven by the artificial intelligence buildout have already added meaningfully to core inflation, with further upside likely as costs continue to filter through the consumer electronics supply chain.

Investing.com50d agobullish
BlackRock turns cautious on emerging markets, upgrades euro bonds

Investing.com -- BlackRock Inc. has downgraded its view on emerging-market equities to neutral from overweight for the next six to 12 months, citing concentration risks in artificial intelligence-linked companies, according to its 2026 mid-year global investment outlook released by the BlackRock Investment Institute.

Reuters50d agoneutral
Apptronik launches robot training hub, unveils Apollo 2 humanoid robot

Google-backed Apptronik unveiled a new robot training facility on Tuesday, betting ‌that large-scale real-world data collection will accelerate the ‌commercialization of humanoid robots. The Austin-based startup said the facility, developed with ​Google DeepMind, is designed to move robots from pilot projects to production deployments. • The nearly 90,000-square-foot facility, Robot Park, in Austin houses fleets of humanoid robots performing logistics, ‌manufacturing and retail ⁠tasks to generate training data for AI models.

Stocks On Track to Wrap Quarter With Major Gains
The Wall Street Journal50d agoneutral
Stocks On Track to Wrap Quarter With Major Gains

U.S. stocks are set to close out a blockbuster quarter with fresh momentum. Meanwhile, investors are monitoring for updates out of the Middle East, after President Trump said yesterday that the U.S. will meet with Iran today in Qatar.

Bloomberg50d agoneutral
Trump Tariff Defeat Is Market Tailwind ‘No One Is Talking About’

(Bloomberg) -- The sweeping tariffs underpinning President Donald Trump’s economic policy may have gone from a headwind to a tailwind for the stock market, with the Supreme Court’s decision to unwind them setting the stage for a potential earnings boon for some companies.Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boos

One Thing I’m Watching: The Great Tech Divergence
The Wall Street Journal50d agoneutral
One Thing I’m Watching: The Great Tech Divergence

This year's second quarter was a blockbuster period for tech stocks. The PHLX Semiconductor Index—which houses chip stocks like Nvidia and Broadcom—has climbed 81% through yesterday, putting it on track for its best quarter in history. Once darlings of the industry, some of the biggest names in tech have fallen out of favor with investors as they fret about these companies' big AI spending commitments.