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…
Even though the AI theme seems to be under scrutiny, other sectors are performing well on the back of a resilient U.S. economy…
Even though the AI theme seems to be under scrutiny, other sectors are performing well on the back of a resilient U.S. economy…
Investors can't get enough of AI, despite worries over high valuations — and tech companies can't get enough of each other,…
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,…
