Trump's tariff announcement wiped out almost $800 billion from major tech firms, with the S&P 500 and Nasdaq Composite falling the most since April.
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Artificial intelligence (in other words, “OpenAI and the companies in its ecosystem”) has been turbocharging stock markets since ChatGPT was released in 2022.
The clearest example of the sustained rally we’ve been enjoying: In recent weeks, the S&P 500
basically hit a record close each time the index rises — even if it’s a miniscule 0.05% tick upwards.
Trump's tariff announcement wiped out almost $800 billion from major tech firms, with the S&P 500 and Nasdaq Composite falling…
Investors can't get enough of AI, despite worries over high valuations — and tech companies can't get enough of each other,…
Trump also started to roll back tariffs on some goods after acknowledging that prices, specifically coffee, "were a little bit…
Even as the S&P 500 and Nasdaq Composite rose on the back of the tech behemoths, more than 300 stocks in the broad-based…
Just as AI steps away from the spotlight, tariffs entered the stage, like the next act in a Shakespearean play.
The AI trade looks, for now, less like the immediate sugar rush of a candy bar (and its subsequent crash), and more like a…
