A school district in a rural corner of upstate New York is hitting pause on plans to deploy an AI-powered, humanoid robot in the classroom. Salamanca City Central School District had purchased the female-looking robot to enhance the education of high school students studying robotics and technology fields starting this fall. But state education officials and local residents raised concerns about how students' personal information would be used and what data privacy and security protections would be in place. Unionized teachers also criticized the robot maker’s ties to a company that produces hyper realistic sex robots.
Most U.S. stocks rose after Coca-Cola and other companies reported stronger profits for the spring than analysts expected. But more drops for chip stocks and other AI winners kept Wall Street's gains in check Tuesday, and the S&P 500 rose a relatively modest 0.2%. The Dow Jones Industrial Average jumped 1%, while the Nasdaq composite slipped 0.2%. The slides for AI stocks were worse elsewhere in the world, and South Korea's Kospi index tumbled nearly 11%. Oil prices continued to ease, which helped to pull Treasury yields lower in the bond market. Brent crude fell toward $82 per barrel.
FILE - A Realbotix humanoid robot, center, speaks with attendees at a Realbotix booth during the CES tech show Jan. 8, 2025, in Las Vegas. (AP Photo/Abbie Parr, File)
FILE - A Wall Street sign is seen outside of the New York Stock Exchange in New York, Monday, March 30, 2026. (AP Photo/Seth Wenig, File)
President Donald Trump says the United States will open a formal investigation into the European Union’s trade practices, claiming the bloc has unfairly levied billions of dollars of fines against Google, Apple and other U.S. tech giants. The Republican president made the announcement Friday. A day earlier, the EU hit Google with a fine of $1 billion after it said the technology behemoth broke digital antitrust regulations by setting up Google Play and its ubiquitous search engine to corral consumers toward its own services and apps to the detriment of competitors. Google says the fine have a negative impact on European businesses and consumers.
U.S. stock indexes barely budged after oil prices climbed another 3%. The S&P 500 edged down by 0.1% Wednesday after swinging between modest losses and gains. The Dow Jones Industrial Average was virtually unchanged and slipped less than 0.1%, while the Nasdaq composite fell 0.6%. Philip Morris International, AT&T and other stocks rallied after reporting stronger profits for the spring than analysts expected. But AI stocks continued to swing and dragged the U.S. market with them. The price for Brent crude oil touched its highest level in nearly six weeks, and Treasury yields rose in the bond market.
Wall Street drifted through a quiet day of trading as AI stocks trimmed some of their sharp recent losses. The S&P 500 fell 0.2% Monday, coming off just its third losing week since the end of March. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite was nearly unchanged after slipping less than 0.1%. Stocks like Nvidia and Sandisk steadied after tumbling last week on worries that their prices had shot too high. But the broad market also felt pressure from rising yields in the bond market, which continued to climb with oil prices.
Options traders Justin Kanda, Doran Swan, and Ravi Bhandari. left to right, work on the floor of the New York Stock Exchange, Thursday, June 25, 2026. (AP Photo/Richard Drew)
Trader Edward McCarthy works on the floor of the New York Stock Exchange, Thursday, June 25, 2026. (AP Photo/Richard Drew)
