February 28, 2024

Markets Now February 28, 2024

Premarket stocks: Revolution or market bubble? Investors weigh the AI boom

As the artificial intelligence boom reaches into more areas of workers’ lives and sends stocks hurtling sky high, some investors worry about whether AI is the real deal and what happens if it isn’t.  
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What’s next for movie theater operators like AMC after the ‘Barbenheimer’ money runs out?

To aid its recovery, AMC is diversifying its in-theater offerings and cutting more deals with musicians for concert films.  
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Meet Mark. He’s one of the few people in the world with a brain-computer interface

CNN Chief Medical Correspondent Dr. Sanjay Gupta watches a brain-computer interface in action and explores the technology that is allowing humans to control computers using only the neural activity in their brains.  
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Sam Bankman-Fried’s lawyers push for 6-year sentence in multibillion-dollar FTX fraud

Lawyers for Sam Bankman-Fried filed a memo in Manhattan federal court Tuesday arguing that their client doesn’t deserve to spend the rest of his life in prison, calling a recommended 100-year sentence “barbaric” and “grotesque.”  
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FAA gives Boeing 90 days to come up with a plan to address quality issues

Boeing must produce within 90 days a plan to fix serious quality and safety issues, the Federal Aviation Administration said on Wednesday.  
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Hong Kong scraps decade-old property restrictions to boost flagging economy

Hong Kong has announced a slew of measures to boost its real estate sector, including the removal of decade-old restrictions that were introduced to prevent a property bubble, as part of its effort to revive an economy that has been hurt by a record exodus of talent and an economic slowdown in mainland China.  
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Source: CNN Business

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