Browsing: Been

The S&P 500’s (^GSPC) tech sector forward price-to-earnings ratio has declined from 32 times last October to approximately 21 times, Truist chief investment officer Keith Lerner noted. At these levels, tech valuations are roughly where they stood when OpenAI (OPAI.PVT) launched ChatGPT in November 2022.

On the Mad Money episode aired on September 11, Jim Cramer highlighted Salesforce, Inc. (NYSE:CRM) following positive momentum surrounding the company’s enterprise software platform and its artificial intelligence initiative. He commented:

It has been discovered that an AI agent trained and evaluated by OpenAI may have been involved in a large-scale attack on RubyGems.org, a package distribution service for the programming language Ruby. According to security researchers, more than 2,000 packages were submitted in May 2026, executing arbitrary code on the RubyDoc.info server, and some attempts…