Google now spearheads innovation in artificial intelligence patent applications, leading in both generative AI and the burgeoning field of agentic AI, a significant shift in the IP landscape. This ascent, detailed in an analysis by IFI Claims Patent Services, places Google ahead of previous frontrunners like IBM. It highlights an accelerated pace of research and
US stock futures pulled back on Wednesday as Wall Street braced for a busy day of Big Tech earnings and digested President Trump’s latest move on tariffs. Dow Jones Industrial Average futures (YM=F) slipped 0.2%, while S&P 500 futures (ES=F) dropped 0.4%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) slid 0.5%. CME – Delayed Quote
US stock futures hovered around baseline as Wall Street braced for a busy day of Big Tech earnings and digested President Trump’s latest move on tariffs. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.3%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F)
Trump’s tariffs continue to crush sentiment across the business and consumer worlds. New data out Monday morning from the Dallas Fed showed overall activity in its manufacturing survey fell to its lowest level since May 2020, as orders, utilization, shipments, and the outlook for business all plummeted. The Dallas Fed’s survey also comes along with
Wall Street ended the week with another sharp decline for major stock market indices as investors continued to register concern about Donald Trump’s tariffs and weak consumer sentiment. The Dow Jones Industrial Average, S&P 500 and Nasdaq all declined by between 1.7% and 2.7%. The tech-heavy Nasdaq bore the brunt of the damage, with Big
The latest Consumer Price Index (CPI) showed that housing cost pressures eased in February to the slowest pace in over three years. Shelter costs rose 4.2% from a year earlier in February, slower than the 4.4% increase seen in January, and the smallest 12-month increase since December 2021. On a monthly basis, housing costs ticked
Several ETFs at Wood’s firm, ARK Invest, bought a variety of tech stocks after they fell alongside a broader market drop. ARK Invest, which has $6.7 billion in assets under management, is an influential firm whose funds have fallen on hard times. Reports earlier this year showed investors pulled a total of $2.2 billion from
Just ahead of a pivotal Fed policy meeting and a clutch of Big Tech quarterly reports, US stocks fell, dragged by a drop of AI chip heavyweight Nvidia (NVDA). The S&P 500 (^GSPC) fell by 0.5% while the tech-heavy Nasdaq Composite (^IXIC) dropped roughly 1.3%, as investors awaited key earnings from the likes of Microsoft