Investing.com -- Stock futures on Wall Street inch higher to begin the trading week, with investors digesting the implications of recent economic data on future Federal Reserve policy decisions and looking ahead to a fresh batch of corporate earnings.
Arm's Nasdaq debut came after a multi-year push by SoftBank and its billionaire boss Masayoshi Son to cash out on some of its holdings in a company whose hardware powers nearly all of the world's smartphones. Markets will likely to be curious to see what other deals Son is now eyeing.), which is also set to report earnings this week, could face questions over plans for its crucial theme parks unit.
Unlike other governments, new regulations in China require that AI models, including Ant Group's Bailing product, undergo and pass security assessments before they are made available to the wider public.Elsewhere, Elon Musk announced on Saturday that his AI start-up has released its first AI chatbot, dubbed"Grok." Musk said the system would have access to his X social media platform , adding that it would"love sarcasm" and have"a little humor.
While the share sales give the firm fresh powder for possible acquisitions, they were also seen as a sign that the Nebraska-based group is cautiously gauging stock valuations and the broader market environment during a time of high borrowing costs and political strife.Oil prices rose Monday, rebounding after last week’s hefty losses, with traders encouraged by the prospect of tighter supplies.