Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending
Advertisement US stocks fell sharply on Thursday, with the tech-heavy Nasdaq sliding almost 3% as Meta and Microsoft faced steep…
Microstrategy is raising $42 billion — almost its entire market value — to buy more bitcoin
Advertisement Microstrategy has been piling into bitcoin for years, but its latest investment is huge even by its standards. The…
AI hype is a bubble set to burst as it follows the path of tech manias throughout history, legendary investor Jeremy Grantham says
Advertisement The market’s endless hype for artificial intelligence is a classic bubble following the path of others throughout history. That’s…
Stock market today: Indexes drop as tech shares slide before Apple, Amazon earnings
Advertisement Indexes slid on Thursday, heading for a second day of declines as big tech earnings fail to impress investors…
Stock market today: Indexes slide as chipmaker rout drags tech ahead of key earnings
Advertisement US stock ended lower on Wednesday as encouraging tech earnings were eclipsed by a sell-off among semiconductor shares. Alphabet’s…
Reddit skyrockets 42% on strong earnings beat and AI-driven growth
Advertisement Reddit stock soared 42% to close at an all-time high of $116.03 per share on Wednesday afternoon after the…
Chipmakers are having a terrible day in the stock market
Advertisement It’s a rough day to be a semiconductor stock. The Philadelphia Stock Exchange Semiconductor Index tumbled 3% on Wednesday,…
Wall Street is eager to see some sign that AI is driving iPhone demand in Apple’s latest earnings report
Advertisement All eyes are on Apple, the world’s largest company by market value, as it prepares to report its fiscal…
Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs
Advertisement Wall Street is gearing up for Amazon to deliver strong quarterly financial results after the closing bell on Thursday,…
Stocks are gripped by ‘near-euphoric sentiment’ and the election may offer a chance to pull back, Citi says
Advertisement Citi strategists aren’t feeling great about either US presidential candidate’s impact on the stock market, but a Republican sweep,…
