Kai Ryssdal

That industry is building a whole supply chain of infrastructure, both hardware and software, trying to change the way this economy works.

That's after the break.

But first, a Google AI summary of search results for The Numbers says this.

The segment is best known for its use of specific musical cues to signal how the markets performed that day.

So let's hit it.

Dow Industrials down 408 today, 0.8%, closed at 49,003.

The Nasdaq gained 215 points, about 0.9%, 23,817.

The S&P 500 picked up 28 points.

That is 0.4%, 69,78 there.

That is a record high, by the by.

So a couple of prominent AI companies on Wall Street, shall we?

NVIDIA, which designs chips that power AI, picked up 1.1% Alphabet with its Google Gemini product, rose 0.4% Apple, which calls its AI effort Apple Intelligence.

Should have done better, honestly.

Packed on 1.1% Microsoft with its Copilot thing, which always pops up on your outlook when you don't really want it, lifted 2.2% on the day.

A lot of businesses and organizations surveyed by McKinsey recently said they are still in the experimentation phase with AI, but 62% said their organizations are at least kind of goofing around with AI agents to see what is possible.

32% expect workforces to shrink as AI adoption quickens.

43% expect no change.

Today, by the by, Pinterest announced job cuts.

About 15% of its staff, what did they cite as a reason?

Say it with me now.