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Artificial intelligence and machine learning concept – by amgun via iStock Arm Holdings (ARM) stock dropped nearly 10% in one day, one of the sharpest falls in the chip space on Sept. 14. The reason was the same AI selloff that hit the whole sector. The selloff started with an essay from Anthropic CEO Dario…

20 hours ago LINCOLN, Neb. (KLKN) — Today, the Federal Reserve decided to raise interest rates to a 3.75% to 4% range for the first time since 2023. Officials state “the plain fact is inflation is too high.” “We cannot effect any individual price,” Federal Reserve Chair Kevin Warsh said. “Whether it be oil prices,…

Artificial intelligence (AI) is completely reshaping the energy landscape. Advanced server racks consume far more power than traditional servers, and AI data centers require enormous amounts of electricity. According to the International Energy Agency, data centers worldwide used about 415 terawatt-hours of electricity in 2024. That figure could climb to roughly 1,000 terawatt-hours by 2030.…

SoFi just posted a record quarter and raised guidance while its stock sits near a 52-week low, and the gap between what the business is doing and what the market is pricing in may be wider than most investors realize. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive…

Stock market Treasury yields oil prices Wall Street trading floor. Photo by BeInCrypto Famous CNBC Mad Money host Jim Cramer reaffirmed his $250 price target on Palantir stock (PLTR) on Thursday. Cramer’s price calls are often a complete hit or miss. “Inverse Cramer” is a popular meme, where investors believe the opposite of his prediction…

“The overwhelming theme, which has been driving the broadening as well, has to do with the scale of AI-related capital spending,” said Venu Krishna, head of U.S. equity strategy at Barclays. “That dollar amount is so high that what the hyperscalers are spending in terms of AI capex is effectively the revenue for a whole…

Warren Buffett collects dividends happily from the shares he owns and pays out nothing himself, and plenty of his own friends find that hard to swallow. So he set out to settle it with numbers instead of opinions.He builds a small company on paper. Two owners, a fixed rate of return, a fixed price at…

WASHINGTON, D.C.- The US Federal Reserve has established a task force to examine how artificial intelligence could shape the economy and future monetary policy, with its findings expected by the end of the year, Fed Chair Kevin Warsh said. Warsh said the central bank was examining AI’s effects on both demand and supply, while decisions…

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged. But on Wednesday, the Fed’s rate-setting committee unanimously agreed to a rate hike, and nearly all policymakers signaled that a second increase later this…

An image of a Tesla humanoid robot in front of the company logo Around the World Photos via Shutterstock As the artificial intelligence theme took center stage, sector rotation has translated into weakness for some hot stocks in the prior rally. A good example is Tesla (TSLA) stock, which has corrected by 13% in the…