After a 150% rally that’s added about $60 billion in market value, Wall Street thinks Palantir Technologies Inc. has gotten way ahead of itself.

Morgan Stanley is expanding the use of OpenAI-powered generative AI tools to its vaunted investment banking and trading division, CNBC has learned. The firm began rolling out a version of an AI assistant based on OpenAI's ChatGPT,

The obvious consequence of injecting enormous capital into new markets is a pressure-cooker environment, where companies burn through cash to grow exponentially. When many of those companies fail, they can implode spectacularly, just as WeWork did, with painful repercussions.

Griffin disposed of the lion's share of his fund's stake in artificial intelligence (AI) colossus Nvidia in favor of an AI company with seemingly insurmountable competitive advantages.

Nvidia (NVDA) closed at a record high Monday as Wall Street anticipates Big Tech’s earnings report in November.

Wall Street traders are popping champagne and toasting the two-year ... which should help cushion employment data. The AI revolution has also brought a new concentration of strong returns to the market, said Krosby. “There’s no compelling reason ...

Inflation is falling, productivity is rising, and the Fed is likely to cut rates, but forecasters warn not to assume that means stocks keep rising.

Strategists said they changed their price target after a meeting with Huang. The Nvidia CEO spoke of the company's advantage over other chipmakers, and the bank said that Nvidia's "competitive moat" is built on the firm's installed base, its innovation, and its "robust and growing" software offerings.

OpenAI introduced its conversational intelligence application ChatGPT in November 2022. Since then, artificial intelligence (AI) has become one of the hottest investment themes on Wall Street, and AI stocks Super Micro Computer (NASDAQ: SMCI) and Nvidia (NASDAQ: NVDA) have been the best-performing members of the S&P 500 (SNPINDEX: ^GSPC).

This year has been a big one for artificial intelligence (AI) stocks, with these players leading gains in the S&P 500. Investors have piled into the stocks to get in early on a big market opportunity -- analysts forecast today's $200 billion AI market will reach beyond $1 trillion later this decade.

Wall Street Journal and New York Post have sued Perplexity AI for using their articles to train its large language model.