The AI trade looks, for now, less like the immediate sugar rush of a candy bar (and its subsequent crash), and more like a sustained energy boost.
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Traders who shorted the S&P 500
— essentially, betting that it would go down — last month were in for a rude surprise. The broad-based index ended the month 2.3% higher, defying “Octoberphobia,” a term that arose because of the market crashes in 1929 and 1987 that happened during the month.
The Nasdaq Composite
The AI trade looks, for now, less like the immediate sugar rush of a candy bar (and its subsequent crash), and more like a…
Investors can't get enough of AI, despite worries over high valuations — and tech companies can't get enough of each other,…
Investors can't get enough of AI, despite worries over high valuations — and tech companies can't get enough of each other,…
Nvidia CEO Jensen Huang's rejection of the AI bubble narrative seemed to reassured investors initially, but their concerns…
Nvidia CEO Jensen Huang's rejection of the AI bubble narrative seemed to reassured investors initially, but their concerns…
AMD smashed expectations, and Palantir reported another quarter of strong growth. Yet the Nasdaq fell, revealing Wall Street's…
