News
AI Disruption Fears Slam Real Estate Brokers
16+ min ago (343+ words) CBRE Group Inc (NYSE:CBRE), Jones Lang LaSalle Inc (NYSE:JLL) and Cushman & Wakefield Ltd (NYSE:CWK) closed lower Thursday as investors continued to reassess whether fast-improving artificial intelligence tools can chip away at the commercial real estate services model....
Options Corner: Intensified Fear Over Microsoft May Incentivize The Opposite Trade
1+ hour, 31+ min ago (672+ words) As the software company behind the popular chatbot ChatGPT, OpenAI would be expected to help Microsoft stand out. That hasn't been the case, with other companies like Meta Platforms Inc (NASDAQ:META) and Alphabet Inc (NASDAQ:GOOG, NASDAQ:GOOGL) taking…...
AI Freight Scaling Tool Released, Trucking and Logistics Stocks Fall
1+ hour, 41+ min ago (212+ words) On Thursday, shares of several trucking and logistics companies fell sharply as investors grew concerned that new artificial intelligence tools could significantly eliminate major inefficiencies in the freight sector, leading to reduced demand for industry services. The launch of a…...
Real Estate Shares Drop Amid Concerns Over AI Impact on Office Space需求
1+ hour, 58+ min ago (329+ words) On Thursday, commercial real estate shares experienced a sharp decline as investors grew increasingly anxious about the potential impact of artificial intelligence on office space demand. This downturn expanded on losses that began the previous day in a smaller segment…...
With a demand for hundreds of billions in funding, OpenAI to launch ads on ChatGPT this week
2+ hour, 32+ min ago (1196+ words) Two years ago, Sam Altman, while attending an event at Harvard University, stated that he was strongly opposed to the idea of placing ads in ChatGPT. He said that if ChatGPT started inserting paid advertisements into its responses, users would…...
Aramco and Microsoft Expand Industrial AI Initiatives in Saudi Arabia
3+ hour, 1+ min ago (301+ words) Aramco has entered into a memorandum of understanding with Microsoft, aiming to accelerate the integration of artificial intelligence within industrial sectors and enhance Saudi Arabia's digital infrastructure. The collaboration also emphasizes enhancing operational efficiency. Aramco and Microsoft will work together…...
Hedera Positions Web3 Rails for the Rise of Agentic AI Payments
3+ hour, 17+ min ago (559+ words) Hedera is targeting the rise of AI agents and it's betting big on their increasing abilities to go beyond reasoning into shopping, subscribing and making payments. The network has launched a new payment standard that mainly targets this agentic AI…...
Property market impacted as investors wager that AI may take over the role of real estate agents
3+ hour, 22+ min ago (511+ words) Property firms have recently experienced a sharp decline in share prices as market participants speculate that artificial intelligence, particularly chatbots, could eventually take over the roles of estate agents. On Thursday, Savills saw its stock drop by over 5%, while British…...
Michael ‘Big Short’ Burry's Recent Forecast: A Negative Outlook for Palantir Shares
3+ hour, 51+ min ago (375+ words) Palantir's stock continued its downward trend on Thursday, following another negative outlook from a prominent investor in the data analytics sector. Michael Burry, the investor whose story inspired "The Big Short," expressed his view that Palantir is trading above its…...
Tom Lee Says AI Killed Software And Job Losses Are 'Soon To Follow"
3+ hour, 52+ min ago (494+ words) Fundstrat's Tom Lee warned AI is destroying the $450 billion software sector and job losses will follow, predicting a dovish Fed under Kevin Warsh will cut rates as core CPI is forecasted to drop in Friday's data release. Lee told CNBC…...