Browsing: Donald

US President Donald Trump announced his intention to form an “AI Force” to assist in the development of the artificial intelligence industry in a Truth Social post on Saturday, after claiming that warnings about the risks of AI were a hoax.

Donald Trump Jr.’s venture capital firm punched back Tuesday at suspicions cast by a key congressional Democrat about potential “insider political influence,” likely foreshadowing the political showdowns in the U.S. House if control of the chamber flips in the November elections.

Statistically, outsize stock market returns have been the norm under President Donald Trump. During his first, non-consecutive term, the timeless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and technology-powered Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 57%, 70%, and 142%, respectively.

Last week, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) and broad-based S&P 500 (SNPINDEX: ^GSPC) soared to fresh all-time highs. Meanwhile, the innovation-inspired Nasdaq Composite (NASDAQINDEX: ^IXIC) reached uncharted territory in early June.