Market strategist Art Hogan warns investors against rushing into war-related stocks amid Middle East tensions, noting gains are already priced in and recommending tech stocks instead as they remain insulated from oil shocks and inflation while trading at discounted valuations due to AI disruption concerns.
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'Avoid Hasty Bets on War Stocks Despite Middle East Conflict—Tech Remains Viable'
Market strategist Art Hogan warns investors against rushing into war-related stocks amid Middle East tensions, noting gains are already priced in and recommending tech stocks instead as they remain insulated from oil shocks and inflation while trading at discounted valuations due to AI disruption concerns.
Taiwan Weighted Index Extends Gains to Over 4% as TSMC Surges
Taiwan's benchmark stock index surges past 4% gains driven by strong rally in Taiwan Semiconductor Manufacturing Company shares amid robust tech sector momentum
British AI datacentre firm Nscale raises $2bn as Sheryl Sandberg and Nick Clegg join board
London-based startup, which is vital to the government’s AI ambitions, is now valued at $14.6bn
OpenAI delays ‘adult mode’ for ChatGPT to focus on work of higher priority
Startup still believes in ‘principle of treating adults like adults, but getting experience right will take more time’
AI chatbots point vulnerable social media users to illegal online casinos, analysis shows
Tech firms condemned for lack of controls with Meta AI and Gemini even offering advice on how to bypass UK gambling and addiction checks
North Korean agents using AI to trick western firms into hiring them, Microsoft says
Firm says AI tools are masking identities of false applicants, who then funnel wages from remote IT jobs to North Korea
US companies announced 48,307 planned job cuts in February, down 55% from January and 72% year-over-year, with technology sector cuts up 51% and transportation sector layoffs surging 872% amid Iran conflict concerns, according to Challenger, Gray & Christmas report.
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US February Job Cut Plans Fall 55% MoM, Down 72% YoY
US companies announced 48,307 planned job cuts in February, down 55% from January and 72% year-over-year, with technology sector cuts up 51% and transportation sector layoffs surging 872% amid Iran conflict concerns, according to Challenger, Gray & Christmas report.
Can AI do 40% of your job? Block’s Jack Dorsey thinks so
Jack Dorsey to cut 4,000 workers at Block amid AI advances – but specters such as weak crypto market haunt company
OpenAI amends Pentagon deal as Sam Altman admits it looks ‘sloppy’
ChatGPT owner’s CEO says it will bar its technology being used for mass surveillance or by intelligence services
Tech firms and AI farming tools ‘playing with the food system’, warns thinktank
Google, Microsoft and Amazon among companies using algorithms and AI to influence what crops are grown and how, say critics
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