It is early days for so-called generative AI, but the tool has caused a stir. Investors race to assess the rise of artificial intelligence as a possible “iPhone moment.”

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S&P 500, Nasdaq slip on weak earnings forecasts, inflation data focus

Major U.S. stock indexes were mostly lower on Tuesday afternoon as investors grew more cautious ahead of the U.S. consumer price index report, while disappointing forecasts from companies such as PayPal and Apple supplier Skyworks weighed on the mood.

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Jim Cramer's top 10 things to watch in the stock market Tuesday

2. Banks on the red hot griddle again; led by Charles Schwab (SCHW), which remains quizzical given the size of its bank versus the rest of its operation. Many regional banks are also back under pressure Tuesday. PacWest (PACW) and Western Alliance (WAL) are the two banks that people really seem to want to break.

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