Tag: tech stocks
Tech Valuation Fears Trigger Massive Asian Market Outflows
Asian stock markets experienced their largest monthly foreign outflows in almost six years during November. The decline was driven mainly by a sharp selloff...
Meta Shares Dip After Report of Move Toward Closed AI Model
Meta Platforms (NASDAQ: META) shares slipped 1.2% on Wednesday, while Alibaba (NYSE: BABA) stock rose 2% after a Bloomberg report revealed that Meta is...
S&P 500 Gains as Investors Pile Back Into Tech
The S&P 500 moved higher on Tuesday as investors renewed bullish bets on technology stocks. The shift came as expectations grew for an upcoming...
SoftBank Stock Falls 10% as OpenAI Worries Mount
SoftBank Group shares fell sharply in Tokyo on Tuesday, bucking the rebound seen across most technology stocks. The decline came as investors grew increasingly...
Alphabet Surges as Mizuho Claims Google Has ‘Won the AI Race’
Alphabet is increasingly being viewed as the leading winner in artificial intelligence, with Mizuho saying market sentiment now suggests that Google has “already won...
Wall Street Slips as Tech Stocks Lose Momentum
Wall Street’s major indexes fell on Thursday as the initial optimism from Nvidia’s earnings faded. Investors became more cautious about high valuations across the...
Crypto and Tech Rally as Nvidia Delivers Blowout Q3 Results
Nvidia reported record quarterly revenue, easing fears of an AI-driven market bubble and lifting both tech and crypto stocks in after-hours trading.
Tech and cryptocurrency...
S&P 500 Slips as Fed Minutes Hit Rate-Cut Hopes; Nvidia Ahead
The S&P 500 surrendered earlier gains on Wednesday after the Federal Reserve’s October meeting minutes reduced expectations for a December rate cut. The more...
Wall St Futures Turn Lower Ahead of Nvidia Results, Fed Minutes
Wall Street futures slipped early Wednesday, reversing their initial gains as investors stayed cautious ahead of Nvidia’s earnings report and the release of the...
Wall St Futures Slip as Markets Brace for Nvidia Earnings and...
Wall Street futures erased early gains and turned lower in Asian trading on Tuesday as investors grew cautious ahead of Nvidia’s earnings and the...
