
Following its I/O event, Google's AI strategy faces questions after a leaked memo suggests the company lacks a sustainable advantage against rivals.


Global e-commerce firms Sea, MercadoLibre, and Shopify see shares rise as cost-cutting efforts drive profitability and operational improvements.


Bill Ackman warns that the regional banking sector faces further contagion risks as market confidence continues to erode across smaller financial institutions.

Chegg shares dropped 50% as the firm warned that ChatGPT is disrupting its student services and academic growth.



Despite recession warnings, manufacturing and residential demand are fueling a major US construction boom and labor shortage.

