Venture capitalists have poured billions of dollars into AI start-ups. The boom has helped contribute to the $55.6 billion that venture investors put into U.S. start-ups in the second quarter of 2024.
Wall Street
Posted inBusiness
Wall Street rises to the edge of records as its momentum keeps rolling
U.S. stocks ticked to the edge of records as Wall Street’s momentum keeps pushing it upward
advertisement
Posted inNation / World, News
Wall Street backers see breakthrough moment for carbon offsets
A burst of corporate pledges to address emissions had sent a niche market, still only worth about $1 billion today, into a full-fledged rally.
Posted inBusiness, Nation / World, News
Technical issues briefly halt trading for some stocks in the latest glitch to hit Wall Street
The industry has just moved to a new system where the settlement of stock trades happen much faster than they used to.
Posted inBusiness, Nation / World
On Wall Street, Dow makes history by topping 40,000 for first time
The stock market’s advance has been fueled by bets the Federal Reserve will be able to cut interest rates this year.
Posted inNews
Trump Media lost $58 million on $4 million in sales last year
The discrepancy between where Trump Media’s shares trade and how the underlying business performs indicates that investors use it as a way to bet on Trump’s push for reelection.
Posted inBusiness, Nation / World
Stock market surge rewards S&P 500 with best start since 2019
The benchmark index gained more than 10% over the first 3 months of 2024, while the Dow Jones rose by 5.5%.
Posted inBusiness
Wall Street rises to recover some of its losses from its worst day in weeks
In stock markets abroad, indexes were mixed with mostly modest moves across Europe and Asia.
Posted inBusiness, Nation / World, News
Wall Street waltzes past its latest milestone as S&P 500 closes above 5,000 for first time
Such milestones don’t carry much weight for a market that’s supposed to move on hard data. But they can juice the spirits of a market that can also be prone to emotional moves.
Posted inBusiness, Nation / World, News
As Republican rivals collapse, Wall Street warms to second Trump term
Titans of industry have softened their stance on Trump as his team seeks to win over former donors to his rivals.