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The People Who Know Nvidia and Palantir Best Have Issued a $9.3 Billion Warning to Wall Street
Though artificial intelligence (AI) stocks Nvidia and Palantir Technologies appear unstoppable, their insiders are painting a very different picture.
Data storage is an important part of AI. That’s why Western Digital and Seagate are among the top gainers in the S&P 500 this year.
Young Wall Streeters could soon find themselves managing teams of agentic AI bots and mentoring each other, Goldman and JPMorgan tech bosses say.
CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday cautioned that equity markets could be heading toward a drawdown, underscoring growing concerns over sky-high valuations.
The tech-heavy Nasdaq Composite was down 1.6% on Friday and on track for its worst week since early April, when President Donald Trump’s announcement of so-called reciprocal tariffs rocked markets. The benchmark S&P 500 was down 1%. The blue-chip Dow was down 300 points, or 0.65%.
The EU’s Artificial Intelligence Act could be changed in a bid to make it easier for companies to obey the law, according to a draft proposal seen by The Wall Street Journal.