K-shaped economy can also be found in S&P 500, says Apollo, with Magnificent 7 the winners
The economy is a tale of two halves at present, with wealthy consumers reporting confidence in their outlook,…
‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York…
Asian shares advance as tech shares rebound from AI jitters
BANGKOK (AP) — Asian shares advanced on Monday, lifted by technology shares as they rebounded from last week’s…
TSMC Monthly Sales Growth Slows as AI Demand Moderates
Taiwan Semiconductor Manufacturing Co. reported slowing growth in its revenue in October, potentially another indication that AI demand…
Wall Street Sounds Alarm on SNAP Cuts Amid Peak Shopping Season
As the US government shutdown stretches further into November and threatens holiday spending, one casualty of the budget…
Low-cost ETFs in 401(k) retirement plan? Investors may soon see it
A recent decision by the Securities and Exchange Commission to begin allowing fund companies to create ETF share…
Wall Street Thrill Ride Derailed as Doubts Seize AI, Crypto Bets
The stock market didn’t crash this week. But after a seven-month spasm of retail-borne speculation, parts of the…
Microsoft Eyes Longest Selloff Since 2011 as AI Trade Weakens
Microsoft Corp. is on track for its longest streak of daily losses in more than a decade as…
Treasuries Slump as Supply Outlook Compounds Anxiety About Fed
Treasuries slid after the US government signaled that larger auction sizes are on the horizon, while signs of…
Supermicro Slides 9%, But Its AI Pipeline Looks Massive
This article first appeared on GuruFocus. Supermicro (NASDAQ:SMCI) had a rough night on Wall Street. Shares sank about…
OpenAI CFO Says Bubble-Wary Market Needs More AI ‘Exuberance’
OpenAI Chief Financial Officer Sarah Friar suggested the market is overly focused on anxiety about a possible bubble…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…