Santiago Stocks surged to records in large part because of hope — and hype — about artificial intelligence. But in recent ...

Feb 24 (Reuters) - Investors were looking anew for signs of a bottom in beleaguered shares of software companies on Tuesday ...

The jelly bean maker Jelly Belly is closing its corporate-commercial operations in Fairfield, Calif. and laying off 69 employees, a WARN notice said.

The AI boom could bring us amazing discoveries — and massive unemployment. Both scenarios are worth taking seriously.

Citrini Research report sparked market fears of severe AI-driven disruption, projecting unemployment over 10% & a sharp S&P 500 decline by 2028. Click for more.

IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.

The fresh sell-off came after US-based Antrophic, which had first triggered fear across the sector, announced that its Claude Code AI tool can sharply reduce the cost and complexity of modernising ...

Shares of US software firms partnered with AI startup Anthropic surged, leading a sector rebound, following fears over AI's disruptive impact. Details are here.

Shares of U.S. software companies that entered into partnerships with AI startup Anthropic on Tuesday helped lead a rebound in the sector that has been hammered by fears about the disruptive impact of ...

On the heels of IBM’s sharpest daily decline in a quarter-century, analysts cheered the resilience of the company’s mainframe business.

AI is coming for the jobs market, Goldman Sachs warned. "Job losses in AI-affected industries have been visible but moderate," Goldman Sachs economist Pierfrancesco Mei wrote in a new note on Tuesday.

IBM shares plunged 13% after Anthropic claimed its Claude Code AI can rapidly modernize COBOL systems, sparking fears of an ...