Feb 9 (Reuters) - Americans grew less worried about the near-term path of inflation and hiring in January, a report from the Federal Reserve Bank of New York said on Monday.
As part of its latest Survey of Consumer Expectations, the bank said that inflation expectations one year from now stood at 3.1% in January compared with 3.4% in December, while at the three- and five-year-ahead horizons, expectations held steady at 3%.
On the hiring... (continue reading...)
LONDON, Feb 9 (Reuters) - Asking AI about medical symptoms does not help patients make better decisions about their health than other methods, such as a standard internet search, according to a new study published in Nature Medicine.
The authors said the study was important as people were increasingly turning to AI and chatbots for advice on their health, but without evidence that this was necessarily the best and safest approach.
... (continue reading...)Feb 9 (Reuters) - Databricks completed its latest funding round of $5 billion, at a valuation of $134 billion, CNBC reported on Monday.
The data software company in December announced it was raising more than $4 billion at the same valuation.
Databricks provides software that helps companies manage large amounts of data and build their own artificial intelligence models.
(Reporting by Pritam Biswas in Bengaluru; Editing by Tasim Zahid)
Investing.com -- The U.S. IPO market is set for a significant rebound in 2026, according to Goldman Sachs analyst Ben Snider, who expects “120 IPOs totaling $160 billion” to come to market.
He said activity “should increase this year following just 61 deals in 2025,” though the rebound mainly reflects a return to typical levels rather than a structural surge.
Goldman Sachs’s forecast implies “a record year for IPOs in absolute dollar value,” but noted that this... (continue reading...)
Investing.com -- Stellantis will book €22.2 billion in charges tied to scaling back electric-vehicle plans. Wolfe see the writedown as a reset point after a sharp share price fall.
The automaker recorded the charges in the second half of 2025, part of a broader pullback across the industry as weaker demand and policy shifts lead companies to reassess EV spending. Ford and General Motors have also taken writedowns in recent quarters as incentives are rolled back and... (continue reading...)
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