Nowhere to hide: Tech selloff hits software and chip stocks alike
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interest-rate fears hit the market.
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interest-rate fears hit the market.
Money is pouring in and funding intense, negative ads: “It’s everywhere, and you can’t escape it.”
Federal Reserve Chair Kevin Warsh had an opportunity Thursday night to shape expectations heading into the central bank’s interest-rate-setting meeting in two week’s time — and in keeping with his practice of leaving markets guessing, he chose not to.
Tesla’s demonstration of a levitating Roadster sports car was “an engineering flex with no commercial value beyond embarrassing traditional car makers.”
Anthropic’s revenue growth appears to be cooling as the company prepares for its public debut, further stoking investors’ AI jitters
Neutron, a medium-lift rocket meant to rival SpaceX’s Falcon 9, will no longer launch this year.
“I like my life, but I also like the idea of a big return after years of putting money into my 401(k).”
“I worry about healthcare, long-term care, inflation, a long bear market and living to 95.”
IMF sees a split global economy, with countries less exposed to the oil shock and benefiting from AI demand pulling ahead
Bernstein analyst Laurent Yoon no longer recommends any of the major telecommunications stocks as he warns of more volatility ahead.