The ascendant 'non-OpenAI AI' complex led by Broadcom and Alphabet, as well as sharp bounces in Meta and Palantir, helped drive the gain.
Get this delivered to your inbox, and more info about our products and services.
An Nvidia/OpenAI $100 billion investment in AI capacity sent related stocks flying and more than offset the fatigue evident in…
The 1.2% S&P 500 decline Tuesday — driven largely by high-beta semiconductor and AI-levered tech stocks — never quite broke…
Friday, the AI pressure proved too heavy for the economically sensitive parts of the market to absorb fully, leaving the S&P 500…
Stocks took a hit as investors questioned the Nvidia-OpenAI partnership, wondering about overcapacity and overlapping…
A couple of mega-cap AI proxies are supporting the S&P 500 while overall breadth and old-economy cyclicals struggle.
The latest catalysts were persistent momentum in core AI plays, retail-trader favorites and opportunistic rotation into a laggard…
