Post-election rally masks a sharp split in the AI trade. Who wins?
Wall Street rallied Wednesday after Democrats scored major victories in the midterm elections. But the broad rally hid…
Novo shares jump as Wegovy pill sales impress, drugmaker hikes outlook
Novo posted quarterly earnings ahead of expectations early Wednesday as sales of its Wegovy pill blew past estimates…
AI stocks fall after Democrats win Texas governor race
The US Capitol in Washington, DC, US, on Tuesday, Nov. 3, 2026. Aaron Schwartz | Bloomberg | Getty…
AI investments start to pay off in company earnings
The dollar steadied on Wednesday after the United States launched strikes against Iran, while investors awaited key U.S.…
Amazon, Intel shares fall after earnings amid AI spending concerns
Intel CEO Lip-Bu Tan speaks during a keynote presentation at Computex in Taipei on June 2, 2026. Cheng…
Steve Eisman gets more conservative with portfolio as AI trade nears ‘tipping point’
Steve Eisman of “The Big Short” fame thinks the artificial intelligence trade is near a “tipping point,” but…
EPA sees little oil price relief on Trump methane rollback
The Valero Houston Refinery in Houston, Texas, US, on Friday, March 13, 2026. The worst supply disruption in…
Cramer: I asked tech insiders what to buy. They said Eli Lilly
Jim Cramer said Monday that even tech-focused people think the world of Eli Lilly stock, with one predicting…
IMF wants China to spend its way out of the ‘fiscal cliff’
Hi, this is Anniek, writing to you from Singapore, with Evelyn, who reported from the Bund Summit in…
SoftBank reportedly plans $50 billion tech investment in Malaysia
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the Future Investment Initiative (FII)…
SpaceX closes $40 billion debt deal for AI chips, Elon Musk says
Elon Musk said SpaceX has closed $40 billion in debt financing to purchase graphics processing units, or GPUs,…
More pain may be coming for the AI trade. Why I’m not giving up on it
You knew it had to happen. The charts foreordained it. I am talking about the collapse in every…