AI Hype Fades as Markets Slide Into the Red U.S. markets extended their slide Friday, ending a volatile week dominated by tech losses and growing doubts about whether the AI investment boom can justify soaring valuations. The Nasdaq Composite fell
Markets Tumble on Weak Jobs and Overvaluation Fears U.S. equities fell sharply on Thursday as fresh layoff data reignited fears about economic weakness and inflated tech valuations. The Nasdaq Composite slid roughly 2%, while the S&P 500 dropped 1.2% and
Markets Recover on Stronger Jobs Data U.S. markets climbed Wednesday as investors digested fresh labor data showing the private sector added 42,000 jobs in October, according to the ADP payrolls report. The number exceeded expectations and marked a sharp turnaround
Valuation Jitters Weigh on Wall Street U.S. stocks fell sharply Tuesday as renewed anxiety over frothy market valuations hit investors still digesting a flood of corporate earnings. The Nasdaq Composite led the decline, tumbling nearly 2%, followed by the S&P
Amazon Doubles Down on the AI Infrastructure Arms Race Amazon (AMZN) shares surged Monday after the company announced a $38 billion deal with OpenAI (OPAI.PVT), allowing the ChatGPT developer to run large-scale artificial intelligence workloads on Nvidia GPUs hosted in
Tech Stocks Lead, but Rally Fades Late Wall Street’s early rally lost steam Friday as traders weighed blockbuster tech earnings against mounting political and economic uncertainty. The S&P 500 (^GSPC) ended up 0.1%, while the Nasdaq Composite (^IXIC) rose 0.5%
A Fragile Truce in the Rare Earth Dispute The United States and China have reached a one-year trade truce over rare earth exports — a move that temporarily defuses one of the most contentious economic flashpoints between the world’s two
Stocks Push Higher Ahead of Fed Decision U.S. markets advanced Wednesday, with major indexes closing in on fresh record highs as investors awaited the Federal Reserve’s policy announcement and continued to pour into technology stocks. The S&P 500 climbed 0.2%,
A New Era of AI Supercomputing The U.S. government is making a massive bet on AI-powered scientific computing. In a joint announcement Thursday, Energy Secretary Chris Wright and AMD CEO Lisa Su unveiled a $1 billion partnership to construct two
Apple Accelerates Into Live Sports In one of the biggest shifts in U.S. sports broadcasting, Apple (AAPL) and Formula 1 (F1) have signed a five-year U.S. media rights agreement worth roughly $140 million per year, bringing the entire F1 season
AI Hype Fades as Markets Slide Into the Red U.S. markets extended their slide Friday,
Markets Tumble on Weak Jobs and Overvaluation Fears U.S. equities fell sharply on Thursday as
Markets Recover on Stronger Jobs Data U.S. markets climbed Wednesday as investors digested fresh labor
Valuation Jitters Weigh on Wall Street U.S. stocks fell sharply Tuesday as renewed anxiety over
Amazon Doubles Down on the AI Infrastructure Arms Race Amazon (AMZN) shares surged Monday after
Tech Stocks Lead, but Rally Fades Late Wall Street’s early rally lost steam Friday as
A Fragile Truce in the Rare Earth Dispute The United States and China have reached
Stocks Push Higher Ahead of Fed Decision U.S. markets advanced Wednesday, with major indexes closing
A New Era of AI Supercomputing The U.S. government is making a massive bet on
Apple Accelerates Into Live Sports In one of the biggest shifts in U.S. sports broadcasting,
