Billionaire investor Ray Dalio said the booming artificial-intelligence market shows signs of a bubble that will eventually burst. “All great technology changes produce bubbles,” Dalio, the founder of ...

Since then, a shortage in memory chips and strong demand growth have sent AI stocks surging again, with major indexes hitting all-time highs following the dip over the Iran war. However, a bursting ...

In an era of rampant layoffs, it can feel like no job is safe. Except, perhaps, elevator mechanics. Judy Marks is the CEO of elevator giant Otis and oversees a workforce of roughly 72,000 employees.

Finland’s Kone KNEBV-0.32%decrease; down pointing triangle agreed to buy German rival TK Elevator for almost $24 billion in a deal that would create the world’s biggest elevator maker by sales. Under ...

Finland’s Kone has agreed to buy German rival TK Elevator in a landmark deal valued at 29.4 billion euros ($34.4 billion). The combination would create the world’s largest elevator maker and marks one ...

Opinions abound on this topic. Some see a clear bubble, noting plenty of stock prices that seem to have gotten well ahead of themselves. The stock market itself has been rising robustly for several ...

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Bay Area’s Vintage joins largest independent union elevator services company in the U.S. CANTON, Mass. & SAN MATEO, Calif.--(BUSINESS WIRE)--Specialized Elevator (“Specialized”), a portfolio company ...

"When [the bubble] breaks, it's going to be really bad, and not just for people in AI," entrepreneur and AI expert Jerry Kaplan said at a Silicon Valley panel recorded by the BBC. "It's going to drag ...