The S&P 500 and Nasdaq fell on Friday after Broadcom’s latest results increased concerns about an AI-powered bubble, dampening optimism from the Federal Reserve’s less aggressive than expected signals on rate cuts in 2026.Broadcom fell 8.4% after the chipmaker warned of smaller future margins on sales of its AI systems, despite expected strong quarterly revenue. […]
Wall Street’s tech-focused Nasdaq fell to a one-week low on Thursday as new concerns about Oracle’s hefty AI spending plans overshadowed optimism about a less hawkish tone from the Federal Reserve.Oracle fell 14% after quarterly forecasts fell short of analyst estimates and the company raised its annual spending forecasts, rekindling concerns that the pace of […]
Wall Street’s major stock indexes were mixed Tuesday as investors awaited the Federal Reserve’s policy decision and assessed conflicting signals about the future of U.S. AI chip exports to China.US President Donald Trump said he would allow Nvidia to ship H200 processors, the second most powerful AI chips, to China but would collect a 25% […]
Wall Street’s major indexes swung between small gains and losses on Thursday as investors analyzed a new round of labor market data to refine expectations for a long-awaited interest rate cut by the Federal Reserve next week.With the official November payrolls report coming out after the Fed’s December meeting, traders have turned to a patchwork […]
Stocks on Wall Street were mixed early Wednesday as markets weighed disappointing workforce data against expectations for lower interest rates from the Federal Reserve.According to payroll company ADP, the US private sector lost 32,000 jobs in November. Analysts had expected an increase of 20,000 jobs, according to Briefing.com. “There’s no way to portray that as […]
Stocks rose largely on Tuesday following the previous day’s turmoil, as weak data boosted optimism about U.S. interest rate cuts and tempered concerns about rising Japanese bond yields.Expectations that the Federal Reserve will cut borrowing costs have supported markets in recent weeks, helping them recover from early November losses caused by fears of a technology […]
US stocks opened with gains on the last trading day of November.The S&P 500 rose 0.2% and needs slightly bigger gains to avoid its first month of decline since April. The Dow Jones Industrial Average rose 138 points and the Nasdaq gained 0.3%. Coinbase Global added 3.6% as Bitcoin rose above $92,000 after falling to […]
Stocks on Wall Street rose early Wednesday, continuing an upward move in a holiday-shortened week, as markets hope for another Federal Reserve rate cut next month.The Fed, which has cut rates at its past two meetings, will release its “beige book” later Wednesday detailing economic conditions in the United States. The last two interest rate […]
The S&P 500 and Nasdaq fell on Thursday as Nvidia shares tumbled on concerns about intensifying competition in AI chips, while investors digested mixed economic data slowed by the US government shutdown.Alphabet shares rose 2.7% after information reported that Facebook parent Meta Platforms was in talks to use Google’s AI chips in its data centers […]
Wall Street stocks rose in early trading Monday to open a shortened holiday week that includes several key U.S. economic data.Gains extended Friday’s rebound on increased optimism that the U.S. Federal Reserve could cut interest rates next month.The Dow Jones rose 119.52 points to 46,364.93 (0.26%), the S&P 500 rose 65.78 points to 6,668.77 (1.00%) […]