The Dow Jones and Nasdaq 100 have remained under intense pressure in recent days as concerns about the artificial intelligence (AI) sector persist. The tech-heavy Nasdaq 100 Index (NDX) slumped to 28,840, its lowest level since September 16 and about 8% below this year’s peak. The Dow Jones has also retreated, falling to 52,220, a
AI development is increasingly dependent on the physical infrastructure needed to power data centres, with electricity supply, grid connections and utility investment emerging as critical constraints on the industry’s expansion, according to Goldman Sachs. While advances in AI models continue to drive demand for computing capacity, the infrastructure required to support that growth operates on
The JPMorgan Equity Premium Income ETF (JEPI) and the Schwab US Dividend Equity (SCHD) funds are popular among income-focused investors. JEPI has accumulated over $45 billion in assets, while SCHD has $116 billion in assets, making it the biggest dividend ETF in the world. So, which is a better fund to invest in? SCHD ETF
Bloom Energy shares BE traded lower in trading on Friday despite the fuel-cell maker reporting third-quarter earnings and revenue well above Wall Street expectations, as investors weighed its aggressive spending on manufacturing expansion against concerns about cash flow. The stock was down 9% during trading. Broader market weakness following a selloff in tech stocks on
Spotify Technology shares SPOT rose on Thursday after the music streaming company forecast fourth-quarter operating income above Wall Street expectations, supported by subscriber growth and investments in artificial intelligence-powered features. The stock gained 8.6% in trading, outperforming a broader market decline driven by renewed concerns about AI spending and technology valuations. Spotify reported revenue of
Kospi Index jumped by over 4% on Wednesday as companies in the memory industry bounced back. It rose to 5,772 points, up modestly from this week’s low of 5,465, mirroring what happened in the United States where the Dow Jones, Nasdaq 100, and S&P 500 soared. Samsung Electronics and SK Hynix soar as Ken Griffin
Solana remained above $100 following several days of selling pressure, as repeated buying around that level helped prevent a sustained breakdown. Over the past seven days, attempts to push SOL beneath the threshold were met with demand. Long lower wicks on recent daily candles reflected those recoveries, reinforcing the area’s near-term technical importance. However, SOL
Intel and AMD shares rebounded on Monday after a difficult week, as investors bought the dip and falling oil prices provided additional support to the broader market. Intel shares INTC rose nearly over 4% at the market open, while AMD gained more than 3%. The gains came as investors responded to an upgrade from JPMorgan
Anthropic’s potential initial public offering is facing an early test of investor appetite, with some prospective and existing investors reportedly considering a valuation of around $1.5 trillion, below the roughly $2 trillion target previously expected for its November listing. The reassessment follows a slowdown in the company’s sequential revenue growth and comes as investors grow
Palantir stock has suffered a big reversal, wiping out some of the gains made since June when it bottomed at $106.5. It dropped to $186.7, down by 12.75% from its highest point this year. Still, analysts are optimistic about the company, citing its strong fundamentals and revenue growth. Palantir stock coincided with the tech sector