Perplexity CEO: Comet AI browser can boost productivity so companies won’t have to hire more people
Chicago Fed Austan Goolsbee agreed that AI could be a boon to the GDP, but cautioned about over-investment.
S&P 500 track record the rest of the year is nearly flawless when it’s up this much through September
The benchmark U.S. stock index is likely to see more gains during the rest of 2025 if history is any guide, according to data from Bank of America.
Spirit Airlines to cut its fleet of planes nearly in half amid bankruptcy restructuring, CFO says
Low-cost carrier Spirit Airlines is using bankruptcy tools to eliminate unprofitable routes and reduce its network footprint, CFO Scott Cramer says.
The shutdown meant no jobs report. Here’s what it would have said about the economy
While the BLS has gone dark with the shutdown, other reports suggest the labor market just plodded along in September.
Goldman adds Hershey to its October ‘conviction list’. Here’s who else made the cut
Goldman Sachs added these stocks to its ‘Director’s Cut’ list of buy-rated companies for October.
Government shutdown: Senate to vote again on funding with little hope of passage
The Trump administration, which was already working to shrink the size of government, said the shutdown could lead to layoffs of thousands of federal workers.
Stocks making the biggest moves midday: Wynn Resorts, Red Cat, SanDisk, Palantir & more
These are the stocks posting the largest moves midday.
Bitcoin rallies to within 1% of all-time high, gaining safe haven status during shutdown
Bitcoin is trading within striking distance of its record price as the U.S. government shutdown enters its third day.
Buy Freeport-McMoRan on expected recovery from environmental disaster, UBS says
Freeport-McMoRan is likely to bounce back from a mudslide that forced a halt at its Grasberg mine in Papua, Indonesia last month, according to UBS.
Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here’s what’s driving the big move
Nvidia highlighted accelerated computing, which it argues can make “quantum computing breakthroughs of today and tomorrow possible.”