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Wall Street Rallies Despite Dismal Jobs Data as Fed Rate Cut Hopes Surge

In a week that should have rattled investor confidence, Wall Street has instead rallied—with major indices climbing, even in the face of discouraging US labour data.

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BUSINESS

Delta Air Lines Promises Not to Use AI to Hike Fares—Is That Enough for Regulators?

Delta denies current AI use for individual fares, but plans to deploy AI-based revenue management technology.

BUSINESS

Apple Stock Surges After It Records Biggest Revenue Growth Since 2021: What Contributed to It?

Apple defied Wall Street's muted expectations with a blockbuster third quarter, posting revenue of $94.0 billion (£70.91 billion) that sent ripples through the tech world—even as lingering AI concerns and tariff pressures kept the stock's celebration in check.

BUSINESS

AI Whiz Kid Turned Down $125 Million From Meta — Here's Why Zuckerberg Wanted Him

Deitke, a highly sought-after AI talent, previously led AI chatbot Molmo's development.

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BUSINESS

Reddit Stock Rises After Wall Street Praises AI-Powered Ad Strategy: How Is Its User Base Doing?

Reddit's latest earnings report has electrified Wall Street. The social media platform's shares leapt more than 14% after it unveiled a 78% year-on-year revenue surge to roughly $500 million (£378.22 million) and earnings per share of $0.45 (£0.34)—more than double analyst forecasts.

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