Browsing: Panic

Without the artificial intelligence boom, the U.S. economy and stock market would be much weaker than they are today. In fact, artificial intelligence capital expenditures and related tech investments currently account for roughly 50% of U.S. gross domestic product. Meanwhile, if Wall Street investors account for the indirect value-add, the impact is even more staggering.…

SAP SE (NYSE:SAP), Europe’s enterprise-software powerhouse, surged approximately 4.8% to $221.93 Thursday after Salesforce’s strong results revived confidence across the software sector. The market’s message was blunt: generative AI may strengthen established platforms instead of destroying them.