A Columbia Law School study reveals that Amazon and Walmart intentionally suppress search results for "Made in USA" products using their AI shopping agents, favoring imported goods instead. Despite over 80% of Americans preferring domestic products for economic and job reasons, these retailers' AI systems mislabel or hide American-made items and allow fraudulent origin claims. The AI agents themselves admit this is a deliberate business decision, not a technical issue. The report calls for stronger regulatory action and potential legal accountability to address this widespread problem and better support American manufacturers and consumers.
Chip stocks and tech indexes fell sharply, with the Nasdaq Composite dropping 5.52% and the Philadelphia Semiconductor Index down 12.2%, sparking talk of an AI bubble. Michael Burry, known for his bearish calls, had bet against AI-related stocks with...
Amazon's third-quarter earnings missed estimates slightly, but strong AWS revenue growth of 39.3% and record operating margins keep analysts bullish. Nearly all analysts rate Amazon as a Buy, with price targets suggesting potential new highs. However...
ARK Invest, led by Cathie Wood, sold $12.8 million worth of Alphabet shares shortly after the stock experienced its worst trading day since its 2004 IPO, losing nearly half a trillion dollars in market value. The selloff followed Alphabet's Q3 earnin...
Apple, Amazon, Tesla, and about 62 other companies have formally objected to having their shares tokenized and traded on a new blockchain stock venue co-owned by the NYSE's parent company. Under SEC rules, companies can block third-party tokenized ve...
The market experienced a sharp sell-off, particularly impacting AI, hyperscalers, and chipmaker stocks due to political, regulatory, and capital expenditure uncertainties. Despite this, experts like Julia Ostian, Kenio Fontes, and Jack Bowman view th...
