Technology innovation is outpacing government control, says Ryan Steelberg. It's up to AI companies like Veritone to ensure safe deployment and transparency. 'AI For Good' is their mission.
Wall Street opens weaker due to decline in tech stocks, Nasdaq falls by 1.5%. Investors await FOMC minutes and Nvidia earnings. Walmart and Discover Inc. report strong earnings, Expeditors Int'l and Westlake Chemical Partners LP experience declines.
Commercial real estate industry is experiencing bad loans exceeding reserve losses for banks like JPM, BAC, WFC, C, GS, and MS, raising regulatory concerns.
Equitrans Midstream Corp reported Q4 FY23 operating revenue of $360.6M, below estimate of $366.9M. Expenses flat, operating income up. The company's Board of Directors has been engaged in a process with third parties that have expressed interest in strategic transactions.
Placer.ai, the business location analytics company, examined the rising success of sub franchises like Jersey Mike's and its 'affluent suburb' patrons.
S&P 500 and Nasdaq 100 ended 5-week winning streak due to higher than expected inflation reports, raising concerns about Fed rate cuts. Treasury yields rose, impacting markets negatively. Tech, consumer discretionary, and real estate sectors were affected. Major indices and ETFs saw mixed performance this week, with energy and materials sectors performing the best while technology sector saw a decline.
Wall Street takes pause after stronger-than-expected producer inflation report, potentially delaying Fed rate cuts and impacting major indices and stocks.