AI safety debate meets reality at Dreamforce as business leaders say last year’s models are enough
At Salesforce’s annual mega-conference in San Francisco, attendees said they get enough value from older AI models.
AI trade rebound sparks flurry of unusually bullish options activity
Options traders stormed into tech trades on Thursday.
Beauty, health and wellness are converging into one retail category
As consumers prioritize holistic retail purchases, beauty, health and wellness are increasingly converging into one category and one consumer budget.
Bull or bear market? AI spurs rethink of traditional market measures
Everyone knows Wall Street calls a 20% drop in a major index a bear market. But what do you call it when the index posts big gains and losses practically every day and is still way up for the year?
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Heavy interest in US swap futures signals worry about higher rates for longer
Investors piled into U.S. swap futures early this week after a sharp back-up in Treasury yields, as investors scrambled to hedge against further increases in borrowing costs — a sign of concern that rates could stay elevated for longer.
Warren Buffett steps down as Berkshire Hathaway chairman
Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving in the role for more than 50 years. The company said Friday that the 96 year-old Buffett will become chairman emeritus and will take on his new role immediately. His son,…
Morning Bid: Apocalypse later
By Anna Szymanski Sept 18 (Reuters) – Warnings of machine-driven human extinction kicked off the week, but the market’s attention quickly turned to more prosaic matters, namely Middle East energy disruption and the first Federal Reserve rate…
Warren Buffett is stepping down as Berkshire Hathaway chair, and his son Howard knows his life has just officially changed
The final change of the guard at the storied Berkshire Hathaway (BRK-B). Berkshire Hathaway said Friday that Warren Buffett, 96, will step down as chairman effective immediately. He will move to the chairman emeritus role. In his place as chair will be…