Profit-taking, economic worries? Sudden stocks sell-off confounds analysts

Traders work on the floor of the New York Stock Exchange during morning trading on December 13, 2023 in New York City.  Michael M. Santiago | Getty Images After nine straight sessions of gains, Wall Street suddenly took a turn around an hour and a half before the closing bell on Wednesday, leading the S&P … Read more

4 ways to overcome your biggest worries about generative AI

shapecharge/Getty Images Generative artificial intelligence (AI) is magic to the untrained eye.  From summarizing text to creating pictures and writing code, tools like OpenAI’s ChatGPT and Microsoft’s Copilot produce what seem like brilliant solutions to challenging questions in seconds. However, the magical abilities of generative AI can come with a side order of unhelpful tricks. … Read more

Lloyd Austin visits Kyiv as worries rise over U.S. military funding

Comment on this storyCommentAdd to your saved storiesSave KYIV — Defense Secretary Lloyd Austin arrived in Kyiv on Monday offering reassurance to Ukrainian leaders on behalf of the Biden administration that American aid will continue despite mounting opposition by Republicans in Congress and battlefield setbacks against Russian troops. It is Austin’s second visit to Ukraine … Read more

Long-haul carrier Emirates signals it will hold Airbus purchase over engine worries

DUBAI, United Arab Emirates — Long-haul carrier Emirates signaled Tuesday it will hold off on a major purchase of Airbus A350 aircraft over concerns about their Rolls Royce engines, marking a major blow for the European manufacturer as it hopes to close the sale during the Dubai Air Show this week. Emirates President Tim Clark’s … Read more

These are technology leaders’ biggest worries about using AI at work

AerialPerspective Images/Getty Images Generative AI may be an impressive productivity tool, but IT and business users alike need to beware that it is also complicating work-lives and business processes as well. That’s the warning from the authors of a new IEEE study, which cautions that “using AI isn’t as easy as it seems.” The findings of … Read more

Ukraine’s counteroffensive worries defense analysts ahead of winter

Ukrainian servicemen ride on top of an armored personnel carrier in Kostyantynivka, Donetsk region, on Sept. 25, 2023. Roman Pilipey | AFP | Getty Images While the world is distracted by geopolitical turmoil in the Middle East, Ukraine continues to fight Russian forces across a swathe of the country, battling through deep Russian defenses along … Read more

Hundreds killed as Israel battles Hamas forces amid worries over Hezbollah role

Comment on this storyComment BEIRUT — Israel formally declared war against Hamas on Sunday, opening the way for a major escalation in fighting, a day after a surprise assault killed at least 600 Israelis. Reprisals by the Israeli military have killed at least 370 Palestinians in the Gaza Strip. The authorization of war by the … Read more

Nvidia’s chips gas A.I. — Why the U.S. worries about China’s entry

Jensen Huang, president and CEO of Nvidia, speaks in the course of the Computex Present in Taipei on Might 30, 2017. SAM YEH | AFP | Getty Pictures Nvidia’s highly effective semiconductors have taken on specific significance as their capability to gas synthetic intelligence has turn into more and more wanted. However their distinctive capability … Read more

Siemens Vitality shares plunge greater than 30% as wind turbine worries deepen

Siemens Vitality shares plunged 31% on Friday morning after the corporate scrapped its revenue forecast. Wolfgang Rattay | Reuters Siemens Vitality shares plunged 31% on Friday morning after the corporate scrapped its revenue forecast and warned that pricey issues at its wind turbine unit might final years. The corporate, born from the spinoff of the … Read more

AI is perhaps the least of edtech’s worries

Shares of edtech firm Chegg nonetheless haven’t recovered from their dive earlier this month. As you might recall, its inventory fell off a cliff after the corporate reported its Q1 outcomes. Whereas Chegg beat analyst expectations for the primary quarter of the yr, it additionally raised a warning that didn’t fall on deaf ears: It … Read more