S&P 500, Nasdaq trade lower, Dow Jones rises as Broadcom increases AI soap stakes

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. […]

S&P 500 and Nasdaq are trading lower on Oracle AI spending jitters

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 […]

US stocks mixed as investors assess data, Microsoft falls

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 […]

US stocks are trading higher as markets consider the Fed’s next move on interest rates

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 […]