The artificial intelligence trade has faced several headwinds this year, but last week’s sell-off struck at the foundations of the multiyear AI infrastructure boom, revealing a stark shift in investor…
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CoreWeave stock CRWV fell again on Friday after recovering in the previous session, putting the AI cloud computing company on track for a steep weekly loss as investors continued to…
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Third-quarter earnings season has opened unevenly. JPMorgan, Wells Fargo and Citigroup posted missed results this week, while UnitedHealth topped forecasts for both revenue and profit. Only 27 constituent companies of…
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US stocks opened lower on Wednesday as September inflation data came in slightly hotter than expected, pushing Treasury yields higher and adding pressure to equity valuations. Investors also assessed quarterly…
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BlackRock has reduced its exposure to US equities and increased its allocation to US Treasuries as rising bond yields create more attractive income opportunities. The world’s largest asset manager cut…
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Salesforce stock CRM gained more than 2% on Monday after Bank of America upgraded the shares to Buy from Underperform, citing the potential for artificial intelligence to strengthen demand for…
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Nvidia stock takes a hit as portfolio stocks dive and Reflection AI bid is considered
by adminNvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current $230 as investors have remained cautious about…
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SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down…
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US stocks opened higher on Friday as oil prices retreated following easing concerns about further escalation in the Middle East, while investors assessed the outlook for artificial intelligence stocks and…
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AGNC Investment stock has sold off sharply in the past few weeks, and this retreat may continue after it formed the highly bearish double-top pattern. It has slipped for eight…