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The prospect of an interest-rate cut typically boosts the stock market, since the promise of cheaper borrowing means a potential boon for firms and their investors. But the opposite also holds true, analysts said: As hope of a rate cut fades, stocks may turn lower.
A relief rally swept across Asian markets and lifted stocks in early trading on Thursday as investors cheered Nvidia's market-topping earnings, while the dollar ticked up as traders braced for the release of delayed jobs data.
Tech stocks are falling for a fourth consecutive session as investors brace for Nvidia's earnings report. Bitcoin dropped and bond yields tumbled.
Nvidia, the market’s heaviest influence, fell 2.8% and is down more than 10% for the month as concerns grow about inflated AI stock prices. Nearly half of major investors now view an AI bubble as the top market risk,
Stocks closed markedly lower on Tuesday as fears of a bubble in artificial intelligence technology hammered markets for a fourth consecutive trading day.
The Stock Act of 2012 prohibits members of Congress from trading on insider information. But its critics say the law is largely toothless. It requires members to disclose their and their families’ trades within 45 days, but lawmakers who have been investigated have largely been let off because its standards for insider trading are extremely high.
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Nvidia's strong earnings report reassured investors about the strength of the artificial-intelligence trade, sending other AI names higher in aftermarket trading. Shares of CoreWeave, a major Nvidia customer and partner,
Hardware firms have been the big AI winners, but Goldman flags a handful of stocks that could be the top beneficiaries of AI-fueled productivity gains.
Throw in crazy AI valuations, for privately held startups and publicly traded stocks alike, and what we’re seeing looks a lot like a bubble. Perhaps this time is different. But note that phrase served as the ironic title of an acclaimed 2011 book by economists Carmen Reinhart and Kenneth Rogoff—a work whose subtitle is “Eight Centuries of Financial Folly.
Power stocks surged in Wednesday's extended session, as the rampant demand for data-center hardware is expected to serve as a further boon to energy suppliers. Nvidia's "acceleration of demand growth