Finance

The technology industry has spent years talking about artificial intelligence changing the future. Now, that future is arriving faster — and more painfully — than many expected. In a move that sent shockwaves across the business world, fintech company Block, Inc. announced plans to eliminate thousands of jobs, cutting nearly half of its workforce. The … Read more

A Blockbuster Report — Followed by an Unexpected Market Reaction For months, investors treated artificial intelligence as the unstoppable engine powering global markets. Then came Nvidia’s latest earnings report — and instead of celebration, Wall Street responded with hesitation. The AI chip leader Nvidia delivered another powerful financial performance, reporting massive revenue growth fueled by … Read more