Retail traders and some hedge funds appear to be leaving this market rally, according to a UBS trading desk note.

Investing.com — Apollo Global Chief Economist Torsten Sløk is sounding the alarm on what he sees as an even more inflated market than the one that led to the dot-com crash. In a striking warning today, Sløk said, “The difference between the IT bubble in the 1990s and the AI bubble today is that the top 10 companies in the S&P 500 today are more overvalued than they were in the 1990s.” His comments come as stocks continue to reach new highs, with investors increasingly betting big on artificial

Shares of ASML, the Dutch semiconductor equipment giant, tumbled 11% after it reported earnings. It’s not just any company.

Meta is working on what CEO Mark Zuckerberg says is a more ‘personalized’ form of superintelligence.

Having faced supply shortages, OpenAI will now be drawing on computing resources from CoreWeave, Google, Microsoft and Oracle.

Scale AI is cutting 14% of the company just weeks after Meta invested $14.3 billion in the startup and hired away its CEO.

Scale AI is cutting 14% of the company just weeks after Meta invested $14.3 billion in the startup and hired away its CEO.

Taking AI efficiency gains, leaders are juicing short-term profits and calling it innovation. But AI doesn’t invent—it imitates.