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Software Stocks Enter Bear Market On AI Disruption Fear With ServiceNow Plunging 10%
Investors question whether AI competitors and automation tools could erode demand for traditional software licenses and workflows.
Gold Falls To $5,300, Silver Slips From Record As Precious Metals Rally Enters 'Dangerous Phase'
Gold (GC=F) fell to around $5,300 after briefly topping $5,600 per ounce on Thursday while silver (SI=F) also pared gains.
Recent
Is Bitcoin Really a Hedge Against Inflation?
Although Bitcoin (BTC) has failed to cope with widespread global inflation it should still be viewed as an inflation hedge, says Stephen Lubka.
Will Gas Prices Go Under $2.50?
Administration took “unprecedented steps to moderate supply and demand,” such as releasing oil from U.S. Strategic Petroleum Reserve, Granholm said.
Most Americans Expect Inflation to Continue
Prices have eased at pump, Democrats in U.S. Senate have passed Inflation Reduction Act, a piece of legislation that aims moderate high prices.
CNN Host Presses Biden Econ Adviser Over Inflation Reduction Act: ‘Could Have Named’ It Something Else
Bolduan pointed out the Democratic legislation 'would have negligible impact on inflation'.