From Yahoo Finance: 2025-04-17 15:52:00

Almost 50 House Democrats have signed a message to stop unauthorized use of AI tools in government. President Trump sets up DOGE to combat spending, with Elon Musk leading the charge against waste, fraud, and abuse. Democrats highlight concerns about employee monitoring and data access by DOGE and its AI tools.

Democrats demand the administration cease using unapproved AI systems and clarify any potential conflicts of interest with Musk’s xAI. They warn of heightened risks if Musk secures major government AI contracts. The White House introduces new policies on federal agency AI use and government functionalities.

Arm Holdings plc is ranked 12th on the list of AI stocks on Wall Street’s radar. While Arm shows potential, other AI stocks may offer higher returns in a shorter time frame. It ranks lower due to macroeconomic uncertainty and strategic decisions affecting investor confidence. Investors should explore other promising AI stocks for potential gains.



Read more at Yahoo Finance: KGI Securities Initiates Neutral on Arm Holdings plc (ARM) Amid Uncertainty