After a 150% rally that’s added about $60 billion in market value, Wall Street thinks Palantir Technologies Inc. has gotten way ahead of itself.

Morgan Stanley is expanding the use of OpenAI-powered generative AI tools to its vaunted investment banking and trading division, CNBC has learned. The firm began rolling out a version of an AI assistant based on OpenAI's ChatGPT,

The obvious consequence of injecting enormous capital into new markets is a pressure-cooker environment, where companies burn through cash to grow exponentially. When many of those companies fail, they can implode spectacularly, just as WeWork did, with painful repercussions.

In a copyright suit, News Corp titles say the AI firm is stealing content and revenue. News Corp is asking the court to block its use of the material.

Griffin disposed of the lion's share of his fund's stake in artificial intelligence (AI) colossus Nvidia in favor of an AI company with seemingly insurmountable competitive advantages.

Nvidia (NVDA) closed at a record high Monday as Wall Street anticipates Big Tech’s earnings report in November.

Media conglomerate News Corp, the conglomerate that owns the Wall Street Journal, New York Post and a number of other media properties, is suing artificial intelligence (AI) startup Perplexity

Wall Street traders are popping champagne and toasting the two-year ... which should help cushion employment data. The AI revolution has also brought a new concentration of strong returns to the market, said Krosby. “There’s no compelling reason ...

News Corp.'s WSJ and New York Post have sued the Jeff Bezos-backed generative AI startup Perplexity for copyright infringement.

The Wall Street Journal and the New York Post filed a lawsuit in a US court on Monday against AI company Perplexity AI, alleging massive copyright infringement and trademark violations.

Inflation is falling, productivity is rising, and the Fed is likely to cut rates, but forecasters warn not to assume that means stocks keep rising.

Strategists said they changed their price target after a meeting with Huang. The Nvidia CEO spoke of the company's advantage over other chipmakers, and the bank said that Nvidia's "competitive moat" is built on the firm's installed base, its innovation, and its "robust and growing" software offerings.