Economy

Economy
Economy

The AI accountability problem is getting bigger

Something went wrong with an AI agent. It accessed a system it should not have. It took an action nobody authorized. Now comes the hard part: figuring out who is responsible. That is no longer a hypothetical. AI agents are moving from generating text and images to making decisions, using tools, and acting with less

Read More
Economy

Popular movie theater chain closes another location after 25 years

For moviegoers, some theaters become more than places to watch the latest blockbuster. They become part of the neighborhood, familiar landmarks where generations of movie fans have spent countless hours making memories with family and friends or escaping reality for a while. But even as moviegoing rebounds, major theater chains continue to reshape their footprints,

Read More
Economy

Nio stock loses a crucial support level: why September 1 will be crucial

Nio stock dropped below a crucial support level this week, reaching its lowest level since July 2025. It has dropped by 45% from its highest point last year and 38% from the year-to-date high. This crash will be in the spotlight as traders wait for its earnings on September 1. Nio stock loses key support

Read More
Economy

Sean Peche names 4 stocks trading below their fair value

Sean Peche used a recent appearance on CNBC to lay out four holdings he considers priced below their fair value, at a moment when broad indexes keep rewarding momentum over fundamentals. The Ranmore Fund’s portfolio manager skipped the enthusiasm around Chinese robotics developer UniTree’s initial public offering, pointing instead to mispriced cash flows in sectors

Read More
Economy

Why Nvidia stock is rebounding 2% today after a 7-day losing streak

Nvidia stock (NVDA) rose around 2% to $212 on Tuesday, putting the stock on track to halt its seven-session losing streak as investors prepared for the chipmaker’s fiscal second-quarter earnings after the bell Wednesday. The seven-day decline was Nvidia’s longest losing streak since 2022, with shares falling 7.5% over the stretch. The recent weakness has

Read More
Economy

Gorilla Technology stock’s post-earnings dip is overdone: here’s why

Gorilla Technology (GRRR) shares tanked on Tuesday morning after the AI-enabled software firm reported Q2 earnings featuring a “wider-than-expected loss” that overshadowed its strong top-line performance. The company posted $0.58 a share of loss for its fiscal second quarter on $50.1 million in revenue, compared to the consensus set at $0.04 per share and $38.7

Read More
Economy

Ethereum price drops below $3,000 as funding rates turn negative

Ethereum’s Ether has lost 10% of its value in the last seven days, making it the second worst performer among the top 10, behind Dogecoin.  The bearish performance saw Ether drop below $3k, with technical indicators suggesting further bearish movements in the near term.  Ether’s funding rates flip negative Ether has dropped below $3k after

Read More
Economy

Trump’s Nvidia chip exports to China trigger backlash in Congress

US President Donald Trump’s plan to grant Nvidia licences to ship more powerful artificial intelligence chips to China is triggering fresh backlash in Congress, including from prominent China hawks within his own party. The move is sharpening divisions in Washington over whether tighter export controls protect national security or weaken US influence in the global

Read More
Economy

US energy secretary slams EU’s ‘inefficient green energy’ focus, urges doubling oil production

US Energy Secretary Chris Wright called on the world to more than double oil production on Thursday, while simultaneously criticising the European Union and California for what he termed a wasteful focus on inefficient green energy. While the World Economic Forum (WEF) has increasingly focused its energy discussions on advancing lower-carbon policies, a conversation in

Read More
Economy

European JPMorgan chief says standing up against Trump good for business

Top corporate leaders expressed relief after US President Donald Trump stepped back from imposing new tariffs on Europe, but warned that geopolitical uncertainty and regionalization remain central concerns for global business. Speaking to CNBC on the sidelines of the World Economic Forum in Davos, executives said the easing of immediate trade tensions had lifted markets,

Read More