Wall Street, AI stocks
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The S&P 500 is tracking toward its worst November since 2008 amid mounting concerns over an AI-fueled "bubble" that not even Nvidia and its CEO, Jensen Huang, could allay after it
U.S. stocks erased a big morning gain to turn lower. The S&P 500 dropped as much as 1.1% Thursday after initially soaring toward what seemed like its best day since May.
NEW YORK — Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves.
Wall Street stocks slid on Thursday in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia's earnings and U.S. jobs data muddied the labor market outlook.
SoftBank’s 10% plunge led a broad Asia tech selloff as U.S. rate-cut hopes faded. Japan and South Korea saw sharp index drops while inflation data added BOJ pressure. Wall Street swung from gains to losses,
The U.S. stock market is rising ahead of a huge couple of tests for Wall Street. The S&P 500 added 0.4% Wednesday after trimming an earlier jump of 1.1%.
Wall Street stocks slid on Thursday (Nov 20) in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia's earnings and US jobs data muddied the labour market outlook.
The ongoing Bitcoin crash has claimed a major casualty: BlackRock (NYSE: BLK). Yes, the world's largest asset manager recently suffered its worst-ever rout when its spot Bitcoin exchange-traded fund (ETF) saw the largest sell-off in a single day.