城堡证券表示，随着消费者价格上涨成为经济面临的主要威胁，美联储应进一步转向加息立场。城堡证券欧洲、中东和非洲(EMEA)固定收益销售主管表示：“相比劳动力市场，通胀才是更大的风险。美联储应注意到这一点并尽快调整立场，以免落后于形势。

由于 Siri 升级一再延后、且缺少自研主流大模型，外界普遍认为 苹果 在人工智能领域发展滞后。但 智能体 AI 的兴起，或将把这家公司眼下的短板转化为核心优势。 美国银行 分析师瓦姆西・莫汉在周二发布的投资者研报中指出，苹果从芯片到操作系统全面掌控自身生态，由此构筑起一道 智能体 AI 护城河 ，这或将成为其 AI 布局的关键依仗。 莫汉在研报中写道：“在智能体时代，价值会向能够掌控 用户意图、个人数据、应用访问权限、身份认证、支付体系与用户信任 的平台集聚。” 他补充道：“智能手机是目前普及度最高的消费终端，上述要素在此高度融合。倘若 AI 助手成为搜索、应用、电商、日程管理、支付及各类办公流程的全新入口，苹果将对大模型厂商、应用开发者、商户、广告商以及支付机构形成显著话语权。” 莫汉维持苹果 买入 评级，并将目标价从 330 美元上调至 380 美元，相较当前股价，隐含约 20% 的上涨空间。 智能体 AI 是具备半自主或全自主能力的数字助手，依托大语言模型，可代用户完成各类任务，例如整理电脑文件、检索指定邮件内容、全网搜集资料等。 目前，各大数据中心争相采购图形处理器、中央处理器，以支撑全球海量智能体运行，这项技术也顺势推动芯片板块走高。而莫汉认为，苹果将从中收获丰厚收益，尤其是 iPhone，是用户与智能体交互的安全载体。 他表示：“即便苹果没有行业顶尖的前沿大模型也无妨，只要手握受用户信赖的交互入口，就能统筹调度本地模型、苹果自研云端模型、第三方外部模型，以及各类应用操作。” 莫汉称，想要兑现这一优势，苹果还需完成多项工作：借助性能更强的处理器提升 iPhone 端侧 AI 能力，并将 Siri 升级为智能体形态。苹果定于 6 月 8 日举办全球开发者大会，届时将推出新版 Siri。 未来 iPhone 有望成为智能体 AI 的主流运行平台，而当下苹果已有一款设备在该领域占据领先地位 ——Mac 电脑。 得益于入门售价亲民，且兼容 OpenClaw 等主流平台，苹果 Mac mini 与 Mac Studio 台式机在全球门店持续售罄。 在最新一季财报电话会上，苹果首席执行官蒂姆・库克谈及 AI 对 Mac 销量的提振作用。 库克在第二季度财报会议上表示：“Mac mini 和 Mac Studio 都是运行 AI 及智能体工具的优质平台，市场对这一点的...

Space exploration is no longer limited to government agencies with massive budgets. As private companies race to dominate the final frontier, investors are looking to AST SpaceMobile (NASDAQ:ASTS) and Rocket Lab USA (NASDAQ:RKLB) to see which stock offers a smoother flight. While both companies operate above the atmosphere, their business models are worlds apart. AST SpaceMobile focuses on providing cellular broadband directly to standard smartphones from space, while Rocket Lab provides a full suite of launch services and satellite components. AST SpaceMobile aims to eliminate dead zones by building a satellite constellation that connects directly to the billions of mobile phones already in use. The company works with mobile network operators like AT&T (NYSE:T) , Verizon (NYSE:VZ) , and Vodafone (NASDAQ:VOD) through revenue-sharing agreements rather than selling directly to consumers. Customer concentration like this adds a layer of risk to the business, as the company depends on these commercial partners for the majority of its revenue. Continue reading

Stephen Lam/Getty Images News Salesforce ( CRM ) is scheduled to report fiscal first-quarter results after the market close on Wednesday, May 27, with investors closely watching AI-related demand, cloud spending trends, and margin expansion. Wall Street expects the software giant to post earnings of $3.13 per share , up 21.3% year over year, on revenue of $11.06B, representing 12.5% annual growth. Salesforce has maintained a strong track record of outperforming expectations, beating EPS estimates in 88% of quarters over the past two years and topping revenue estimates 63% of the time. Investors will also closely watch Salesforce’s forward guidance. The company previously projected fiscal 2027 revenue of $45.8B to $46.2B and adjusted EPS of $13.11 to $13.19. Current remaining performance obligation (cRPO) ended Q4 at $35.1B, up approximately 16% year over year on a nominal basis and 13% in constant currency, driven by strong net new average order value growth, particularly across Agentforce, Data Cloud, Slack, and Sales Cloud offerings. Guidance for the remainder of the fiscal year could also play a major role in shaping sentiment around the stock. Salesforce has earlier projected revenue in the range of $45.8B to $46.2B and adjusted EPS from $13.11 to $13.19 for the entirety of fiscal year 2027. Year-to-date, Salesforce ( CRM ) has fallen over -31%, underperforming the broader market. "Salesforce, Inc. is deeply undervalued, trading at a 45% discount to sector forward P/E despite strong fundamentals and AI-driven growth. With a 10% FCF yield, aggressive buybacks, and revenue acceleration likely, CRM stock presents an asymmetric risk/reward ahead of Q1 FY27 earnings," Seeking Alpha analyst Doug Collins said. More on Salesforce Salesforce: The Most Undervalued Stock In The Software Space Salesforce Q1 Preview: Negative Sentiment Overpowers, Shares Attractive Salesforce: A+ Rated Bonds With 6.6% Yield Beat Oracle's 7.4% Earnings week ahead: ZS, CRM, SNOW, DELL, ZS, XPE...

Artificial intelligence's shift to agents is set to be a positive for Apple , according to Bank of America. The bank reiterated its buy rating on the technology company in a Tuesday note and hiked its price target to $380 from $330. That indicates a 23% gain from Friday's close. Analyst Wamsi Mohan explained that as AI models shift to focus on individual users through agents, that will build leverage for Apple over AI companies. That's because Apple controls so much user data through its devices. "Apple's agentic AI moat comes from Apple silicon & iOS," Mohan wrote. "Silicon dictates how much inference can happen locally (matters for latency, privacy, reliability, and cost). OS determines whether AI can access user context, call apps, route requests, authenticate identity, request confirmation, & complete tasks in a trusted way." AAPL YTD mountain Apple year-to-date. While analysts have questioned Apple's AI strategy — believing it was worryingly behind many of its "Magnificent Seven" peers — Mohan argued that the company has a big agentic opportunity with its Siri product. He estimates it could represent incremental revenues of between $15 billion to $30 billion by the company's fiscal 2030. And that's just his base case: a bullish one would put that range between $40 billion to $65 billion, he said. "In an agentic world, value accrues to the platform that controls user intent, personal context, app access, permissions, identity, authentication, payments, and trust," Mohan wrote. "To win, Apple needs to evolve Siri into the orchestration layer of the iPhone."

Getty Images While AI has been the dominant investing theme, Himanshu Sharma, Managing Director and Portfolio Manager with TD Asset Management says shifting trade relations and geopolitics are providing a boost to a lesser know part of the markets: seaports. Transcript Greg Bonnell: While artificial intelligence has been a dominant investing theme, there are other, lesser-known parts of the markets that have been catching the eye of investors. Joining us now to discuss is TD Asset Management's Himanshu Sharma. Himanshu, great to have you on the program with us. Himanshu Sharma: Thank you. Greg Bonnell: This is your first time doing a full show with us. So give us a brief overview of your role with TD. Himanshu Sharma: Sure. Thanks for having me here, Greg. I work as portfolio manager at TD Asset Management. And I manage global equities and US equity portfolios. And in addition, I also manage a publicly traded infrastructure fund. Greg Bonnell: Alright. So let's start talking infrastructure then. That's why we have you here. The AI theme-- obviously, it dominates. And every time NVIDIA is on deck to report earnings, it's all we talk about. But there are other, you say, interesting sectors in the market. Take me through them. Himanshu Sharma: Sure. Exactly. So, obviously, we do know all about AI. But the area that we are focusing on and which we find interesting are the marine ports. So marine ports, just like any other infrastructure asset, say toll roads or airports-- they are also monopolies, certainly local monopolies. And the operators there have long-term concession contracts to manage the ports-- so again, gives them a level of stability. And just like any other infrastructure asset, very high-cost-- very high fixed-cost business-- so volumes are really important for this business. And historically, what we have seen is that with the rise of global GDP, the volumes only have grown over time. So that underpins fairly strong thesis for these names. More recently,...

Sometimes, stocks catch lightning in a bottle. Delek US Holdings (DK 0.28%) is a good example. Over the past 12 months, shares of the integrated energy refiner have jumped 122%. It sure helps when energy stocks and small-cap equities, of which Delek is both, are simultaneously displaying leadership traits. With the stock up 47% year to date but about 12% below its 52-week high, it's in correction territory, raising concerns that the shares are overvalued. Some market observers may argue that the stock is significantly overvalued. Stoking those valuation worries is the point that there's been some recent insider selling at the Tennessee-based energy company. At any company, directors and high-ranking executives sell shares for various reasons. Sometimes it's as simple as diversifying their personal portfolios, but at other times those transactions signal valuation concerns. However, that's not necessarily the case with Delek. Actually, some signs point to the stock being undervalued. Here's why. Trapping value, but not a value trap In the eyes of some investors, Delek's value case centers on its 63.3% interest in Delek Logistics Partners (DKL 0.51%), a midstream crude oil gatherer, processor, and transporter of refined energy products. The logistics business has a market capitalization of $2.8 billion, meaning Delek's stake is worth nearly $1.8 billion, implying the refiner could unlock significant value for shareholders by spinning off or selling or a portion of that interest. By some estimates, Delek's stake in the logistics business could be worth more than its entire market capitalization, and by taking action on that position, the company could unlock $600 million to $700 million of "trapped" shareholder value. Inquiring investors will want to know whether it makes sense for Delek to pursue value creation by trimming or parting ways with its economic position in Delek Logistics. The answer is a resounding "yes" because the business has long been undervalued but ...

If you like Micron Technology, you might love this other super semiconductor stock MSN

Space stocks are pushing ahead with their recent rally after the Memorial Day break, propelled by enthusiasm surrounding the initial public offering for SpaceX that was filed officially last week. Retail traders are piling into space stocks and ETFs ahead of the estimated trillion-dollar IPO, with investors trying to find beneficiaries and proxy trades for what could be the largest initial offering ever. While publicly traded space-focused companies are limited in number, enthusiasm is high among retail investors who want to get any piece of the space economy. The VanEck space ETF ( WARP ) is up 24 percent in just 5 days, with holdings including Rocket Lab Corp., Planet Labs , Firefly Aerospace and Intuitive Machines booming. The Procure Space ETF (UFO) is up about 65% year-to-date and more than 100% over the past six months. Analysts see both direct and indirect beneficiaries of the IPO for space companies due to SpaceX's "monopolistic" position within the global launch sector that could provide momentum for a wide range of space-related companies. "[The] launch segment has 'monopolistic' market share: SpaceX maintains overwhelming leadership in orbital mass-to-orbit," Rohit Kulkarni, senior analyst with Roth, wrote in a Tuesday note. "Extreme vertical integration drives cost advantages and rapid iteration." Beneficiaries and proxies Wall Street is seeing an "IPO premium" that's boosting not only SpaceX's suppliers and partner companies but even its competitors. Launch company Rocket Lab, which won a $90 million contract last week with the U.S. Space Force to build and operate a pair of geostationary satellites, is one firm that's poised to ride the tailwinds. "As SpaceX's direct competitor, we view [Rocket Lab] as well positioned to benefit from the 'SpaceX IPO premium' that, in our view, is benefiting other well-positioned companies in the space sector," analysts for Cantor Fitzgerald wrote in a Tuesday note. WARP 5D mountain VanEck Space ETF (WARP), 5 days Canto...

Apple AAPL continues to benefit from the strength of its Services segment, supported by growing traction in streaming content and an expanding Apple Arcade gaming portfolio. In the second quarter of fiscal 2026, Services contributed 27.9% of total net sales, with revenues rising 16.3% year over year to $30.98 billion, which was an all-time record in Apple’s history. A key driver behind Services growth is Apple’s expanding ecosystem of more than 2.5 billion active devices. As more users enter the Apple ecosystem through products like iPhone 17 and MacBook Neo, Apple gains additional opportunities to monetize customers through subscriptions, payments, cloud services, advertising and entertainment offerings. Content and entertainment services have been an important contributor. The company has highlighted strong engagement on Apple TV+, citing returning hit shows such as Shrinking and For All Mankind. Sports content is also becoming increasingly important, with Formula 1, MLS Season Pass, and Friday Night Baseball helping drive subscriber engagement globally. Advertising was one notable contributor within Services. Apple highlighted year-over-year growth in its advertising business alongside expanded App Store search placements. The company plans to introduce ads in Apple Maps during search and discovery moments in the United States and Canada later this year, while emphasizing privacy and customer experience. Enterprise services and financial services also strengthened the Services segment. Apple expanded Tap to Pay into more than 50 markets and launched Apple Business, an integrated enterprise platform combining hardware, software, and services for corporate customers. Management also cited growing enterprise adoption from companies such as Marsh and Freshworks, which are increasingly deploying Apple devices for AI development and productivity applications. Apple guided for Services revenue growth in the June quarter to remain similar to the March quarter on a consta...

Source: Bloomberg, 0:00

Jordi Visser, with over 30 years of Wall Street experience, exited his Micron position and is watching Dogecoin as a key gauge of retail speculation. In this photo illustration, a Micron Technology logo seen displayed on a smartphone with the stock market information of Micron Technology in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Loading... Micron crossed the $1 trillion market cap mark as one Hyperliquid trader reportedly made over $6.2 million in floating profits from a leveraged bet. The trader opened a 3x long position on more than 22,000 MU contracts at an average entry price of $575.25 earlier this month. Hyperliquid’s native token also rose to an all-time high above $63, along with Micron hitting the trillion-dollar market cap. Micron Technology Inc. (MU) crossed the $1 trillion market capitalization mark on Tuesday, as a Hyperliquid (HYPE) trader reportedly generated more than $6.2 million in floating profits from a leveraged Micron position within just 20 days. On-chain analyst Ai Yi said on X that a wallet address “0x577...95fd2” opened a 3x-leveraged long position in 22,188.647 MU contracts between May 6 and May 8 at an average entry price of $575.25. Read Next Loading... Loading... Hyperliquid trader opened a 3x leveraged long position in 22,188 Micron (MU) contracts. Source: @ai_9684xtpa/x The position rapidly expanded as Micron’s shares continued to climb. With Micron’s price trading over $879, up over 17% during mid-morning trade, the position’s notional value climbed to roughly $18.8 million, making the trader one of the largest floating-profit accounts on Hyperliquid. On Stocktwits, Micron was the top trending ticker. The retail sentiment around MU remained in the ‘bullish’ zone, while chatter around it moved to ‘normal’ from ‘high’...

As investors gain access to an expanding universe of active strategies and investment structures, distinguishing durable investment skill from short-term performance has become increasingly important. In this episode of Inside Active, host David Cohne, mutual fund and active-management analyst at Bloomberg Intelligence, speaks with Paul Cavazos, chief investment officer at American Beacon Advisors, about what separates durable investment managers from those benefiting from favorable market envir

ByteDance is set to procure millions of Qualcomm ASICs to support its AI agent software, marking a major push into AI infrastructure

Kan Kingpetcharat/E+ via Getty Images Amid a stock market that is skyrocketing to fresh new highs, I continue to be worried about the huge concentration of gains at the top end of the market: namely, the semiconductor and AI-linked hardware stocks that have enabled this year's data center buildout. Investors are overlooking the very real risk of demand for these companies' products dropping off once hyperscalers take their foot off the capex gas pedal. Software stocks, however, remain in deep bear market territory, and that is where the buying opportunities lie in my eyes. Freshworks ( FRSH ), an IT and customer service management platform, looks very appealing after a ~20% slide since the start of January (and ~40% over the past 12 months). The company has shown no signs of a "SaaSpocalypse" in its results, though its stock is certainly priced that way. Data by YCharts I last wrote a "Buy" article on Freshworks in April, when the stock was trading at just $8 per share. Since then, Freshworks has jumped ~10%, with the stock rebounding nicely after a strong Q1 earnings print featuring a beat-and-raise. With the company's growth in customer counts and its healthy retention trends, Freshworks is gradually convincing the market that it's not subject to AI-driven disruption, which I think will prompt a near-term re-rating. I'm reiterating my "Buy" rating on this name. Since value is the core reason to buy Freshworks, let's begin with a discussion on how Freshworks' latest valuation stacks up against its boosted guidance. At current share prices near $9, Freshworks trades at a market cap of $2.51 billion. After we net off the $779.3 million of cash against zero debt on Freshworks' latest balance sheet, we arrive at an enterprise value of $1.73 billion. For the remainder of FY26, Freshworks has lifted its full-year revenue outlook to $958-$964 million, or a 14%-15% growth range that is 50bps higher than its previous outlook calling for 13.5%-14.5% y/y growth. Importantly, ...

asbe/iStock via Getty Images Introduction On paper, Vizsla Silver’s ( VZLA ) Panuco project stands out as one of the highest quality undeveloped silver assets. With the rise in the silver price over the past year, the project's economics have transformed from good to phenomenal. Initial exploration has been completed, and now the aim is to get this project into production. Financing is in place, and the project was all set to be heading to construction once permits were granted. Now, though, uncertainty has surged. After surging in value from the $4.83 share price when I last covered Vizsla last November to a high of $6.86 in early January, the share price has collapsed to $3.37 a share. This is all due to an unfortunate turn of events. On the 23 rd of January, Vizsla announced that ten workers were abducted from the Panuco project mine site and a few weeks later were tragically found deceased. For a >$1 billion market cap, single-asset, pre-production company, this sad news changes my previous thesis. With so much uncertainty and the risks from operating in the region clearly apparent, I view the risks as too high for my liking and hence downgrade Vizsla to a hold rating. Project Economics Vizsla’s flagship project is the Panuco Project in Sinaloa, Mexico, one of the highest-grade undeveloped projects in the country. Located in a historic silver-gold producing region with access to existing infrastructure, Panuco combines excellent grades with upside potential from Vizsla’s extensive land package in the region. Vizsla 2025 Corporate Presentation The 2024 preliminary economic assessment (PEA) presented a planned underground mine with annual production averaging 15.2 million ounces of Silver annually, with an 11-year mine-life. This is supported by 222 million ounces in measured and indicated resources, at a high average silver grade of 534 g/t. Since then, the economics have become even more compelling. The November 2025 feasibility study laid out an increase in ave...

Source: Bloomberg, 4:44

Shares of AST SpaceMobile (NASDAQ:ASTS) are climbing 20% in midday trading on Tuesday. Planet Labs (NYSE:PL) is up 15%, Rocket Lab (NASDAQ:RKLB) is gaining 6%. The rally is being driven by renewed investor focus on SpaceX’s pending public listing. SpaceX filed its S-1 last week. The document frames a roughly $1.75 trillion targeted valuation against ... AST SpaceMobile Rockets 20%, Planet Labs Soars 15%, Rocket Lab Climbs 6% as SpaceX IPO Lifts the Whole Sector

Global spending on the World Cup could top $80 billion. But even though it starts in a few weeks, many hotels in US host cities still have rooms available and games are not sold out because ticket prices are so high. But brands such as Adidas and Nike are still spending millions on partnerships. Bloomberg Intelligence Senior Retail Staples Analyst Jennifer Bartashus talks about it all on Bloomberg Radio. (Source: Bloomberg)

"Warning Signs Flashing Red": Ebola Outbreak Spreading Faster Than Response, Aid Group Says Authored by Zachary Stieber via The Epoch Times, The Ebola outbreak in Africa could become the deadliest in history because it is spreading faster than responders can deal with it, an aid group said on May 26. Officials failed to initially detect the outbreak due to a lack of testing sufficient to identify the Bundibugyo virus, a rarer type of virus that causes Ebola. The outbreak is centered in the Ituri province in the northeast of Congo, also known as the DRC, where fighting regularly displaces people from their homes and hospitals. “The initial failure to detect this outbreak has allowed it to spread to several areas of Ituri province in northeast DRC, where the first cases were identified, as well as to North Kivu (just to the south of Ituri) and South Kivu provinces, and now Uganda,” the International Rescue Committee, one of the aid groups on the ground, said in a report published on Tuesday. With cases reported in key population centers such as Goma, the capital of North Kivu, and Kampala in Uganda, there is a significant risk of onward spread of the disease, the group assessed. “The warning signs are flashing red,” Bob Kitchen, vice president of emergencies for the group, said in a statement. “Eastern DRC is confronting this outbreak more fragile and less prepared than during the 2018–2020 outbreak that killed more than 2,000 people—and with fewer resources to fight it. Increased conflict and cuts to global aid funding have dismantled defenses at exactly the wrong moment.” The outbreak has risen to 101 confirmed cases, about 220 suspected deaths, and more than 900 suspected cases, about one month after the outbreak was first detected. Other countries, such as Rwanda and the United States, have restricted travel from people who have been in Congo or intensified border checks. “The delay in detecting the outbreak means that we are now playing catch-up with a very fast-...

格隆汇5月27日｜日本据悉准备启动与南方共同市场的贸易谈判，寻求石油进口并增加汽车出口。

A Full List of Tesla’s Cybertruck Recalls—Including the Latest Debacle inc.com

格隆汇5月27日｜加拿大的百浪多资产管理公司（Brompton Funds）首席投资官Laura Lau买入味之素（Ajinomoto Co.）的股票，该股在2026年年内至今已涨61%。这家日本公司不仅是家喻户晓的调味品巨头，更是半导体核心绝缘薄膜的绝对垄断者。眼下，投资者正将目光投向科技行业之外，竭力寻找人工智能基础设施建设浪潮中的潜在受益者，包括水务公司、欧洲线缆企业以及天然气管道运营商等领域均已进入投资者视野。

格隆汇5月27日｜美国银行策略师们并不担心超大规模云服务商（Hyperscalers）在市场中的债务份额会过大，以至于投资者无法消化。美银指出，四家高信用评级的超大规模云服务商的风险溢价持续走宽，这使得它们的相对价值颇具吸引力。目前被纳入ICE美银美国公司债主指数的超大规模云服务商债务总额估计为4500亿美元，这一规模远低于其他高度集中的大型行业板块。

Nvidia (NVDA) is suffering from a China problem. However, it has a China opportunity as well. CEO Jensen Huangsaid the company’s prediction of a $200 billion central processing unit market includes China, showing that Nvidia still anticipates strong long-term demand in one of the world’s most ...

A_Columbo/iStock Editorial via Getty Images With its interests in power, electrification, and wind, GE Vernova ( GEV ) might not be entirely comparable with the British aero-engine manufacturer Rolls-Royce ( RYCEY ), but both engineering companies have an undeniable similarity. They are among the few established players that are developing small modular reactors [SMRs], which could well be the answer to some of the challenges for nuclear energy, like long build times for reactors, high construction costs, and challenges in transportation. In a past article on Rolls-Royce, I had argued that the stock's valuations did not account for the potential of its nuclear energy business, which is due to become both revenue and profit generating this year. Here, I extend the same logic to assess the fair valuation for GE Vernova, even as it has seen exceptional price performance YTD (see chart below) despite a massive forward non-GAAP P/E ratio of 68.2x. Price Returns (YTD): GEV, RYCEY, SP500 (Source: Seeking Alpha) GE Vernova's Nuclear History and Opportunity SMRs might be a new, exciting technology around, albeit long in the making, but GE Vernova is no stranger to nuclear technologies. It has collaborated with Hitachi ( HTHIY ) for the past 60 years to provide boiling water reactors for the nuclear energy industry. The segment even contributes to a relatively small revenue, at USD 1 billion in 2025, which is under 3% of the company's total revenues. SMR secures multiple contracts But its upcoming SMR, the BWRX-300, also being developed in collaboration with Hitachi, is exceptionally promising in terms of the number of orders the company has potentially secured. These are as follows: Darlington SMR project: The most advanced one is the Canadian Darlington SMR project, which has been under construction for the past year now. Being developed in partnership with the government-owned power producer Ontario Power Generation, the 300 MW SMR is due to be completed in 2029 before it ...

About 4.3% of America’s workforce is unemployed today, based on the BLS April data. That is about six million people. Credible estimates of AI job destruction range from 11 million by Goldman Sachs to 19 billion by Tufts/Digital Planet. At this high end, 15% of America’s workforce would be out of work, including the 4.3%. ... What Happens When AI Takes 15 Million American Jobs ?