Wall Street ends lower; Fears of an AI bubble and inflation are driving investors away

The S&P 500 and Nasdaq closed more than 1% lower on Friday, with investors leaving tech for other sectors as Broadcom and Oracle fueled concerns about an AI bubble and rising U.S. Treasury yields added pressure after some policymakers spoke out against easing monetary policy. Treasury yields rose after a group of Federal Reserve officials, […]

Bubble or breakout? Nvidia’s earnings put a spotlight on the rise of AI

The fate of Wall Street’s dizzying bets on artificial intelligence will rest squarely on Nvidia on Wednesday when the chipmaker reports results, with investors looking for signs that bubble concerns are overblown.Three years after ChatGPT’s debut, investors are increasingly uneasy as the AI ​​boom has surpassed fundamentals. Some business leaders have noted that circular deals […]