Pretty much everyone on Wall Street is in for a sweet payday. But the threat of job cuts from AI looms, a new report predicts.

The AI buildout has lifted the sales and stocks of companies across various sectors, but none have seen their valuations rise as dramatically as power providers, especially start-ups developing novel nuclear technology.

Investors in the region are looking to Chinese autonomous vehicle firms WeRide and Pony.ai's listing debut in Hong Kong later in the day.

JPMorgan, Citi, and Goldman Sachs are investing heavily in AI technology to transform operations, enhance productivity, and stay competitive.

Wall Street trades cautiously as AI stock valuations, Fed outlook, and tariff hearings shape market sentiment on Thursday.

On the other hand, Alphabet also raised its 2025 capital expenditures forecast from 85 billion all the way up to 91 to $93 billion range, much bigger increase than we saw from Meta.

While there are concerns that the AI bubble could pop, we’re not buying into it. In fact, as pointed out by Rich Duprey, “Proponents like Mark Cuban emphasize the light-bulb moment: AI is infrastructure for a new industrial revolution,

Pretty much everyone on Wall Street is in for a sweet payday. But the threat of job cuts from AI looms, a new report predicts.