Wall Street has a new high water mark for the S&P 500 (^GSPC). Oppenheimer chief investment strategist John Stoltzfus now sees the benchmark index ending the year at 5,500, reflecting a roughly 5% increase from Friday’s close. The call comes after a surge in...
The market buzz around generative AI comes with heightened scrutiny, as Google (GOOG, GOOGL) was painfully reminded for the second time. The search giant said this week that it plans to relaunch its Gemini AI image generator after some users on social media showed how...
Consumer confidence took a step back in February. The Conference Board’s Consumer Confidence Index for February registered its first decline since November, “reflecting persistent uncertainty about the US economy,” said Dana Peterson, chief economist...
Many economists expected the U.S. to suffer a recession last year. Economists surveyed by The Wall Street Journal in late 2022 put the odds of a recession at 63%. The prevailing logic was that the Federal Reserve would raise interest rates too much, causing a...
Source: Yahoo Finance Following an incident of President Biden’s voice being replicated in AI-generated robocalls, concerns arise over how artificial intelligence could impact future elections in the United States. As part of Yahoo Finance’s AI...
