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Wall Street's AI worries are getting stranger. Chip company Nvidia reported record-breaking earnings on Wednesday, but tech investors are still panicking.
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Salesforce is looking to buy the dip with a $50 billion share-repurchase program as the software selloff continues to send its stock falling, but Wall Street is wondering if the money would be better spent investing in more artificial-intelligence capabilities.
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Retail sales are still rising, but record household savings, stepped-up gold buying and reined-in income expectations suggest the population of the world's second largest economy is now prioritizing security over splurges — with consequences for global brands and investors.
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