US technology stocks fell sharply, with the Nasdaq dropping 2.2% and the S&P 500 declining 1.4%, as investors questioned whether massive spending on artificial intelligence will ever yield returns. Th…
US equity funds saw $8.5 billion in outflows in the week through June 24, the first withdrawal in three months, led by a record $9.3 billion exit from technology funds as the artificial-intelligence t…
South Korean stocks opened lower Friday, with the KOSPI falling 1.71% amid tech losses on Wall Street and profit taking after a sharp rise the previous session. Investors are concerned about valuation…
U.S. stock indexes wavered on Tuesday after a report that OpenAI's initial public offering may be delayed, sending chip stocks lower. The Dow, S&P 500, and Nasdaq all fluctuated as investors weighed t…
The U.S. stock market ended mixed Thursday as Micron Technology surged 15.7% on strong earnings and AI demand, while Apple dropped 6.1% after raising product prices. The S&P 500 slipped less than 0.1%…
Nasdaq futures surged 2.24% on June 25 after Micron reported an earnings beat and issued an upbeat outlook, while Qualcomm set a $15 billion data-center revenue target by 2029, boosting chip stocks. M…
Morgan Stanley, Jefferies, and SpaceX are warning that public backlash against AI—driven by job displacement fears and rising energy costs—poses a material risk to the AI stock rally. A June 23, 2026 …
Micron Technology and Qualcomm reported earnings on June 24 that exceeded expectations, adding over $400 billion in market value to chipmaker stocks. Micron disclosed $22 billion in customer commitmen…
Korean stocks opened sharply higher Thursday, driven by gains in semiconductor shares after U.S. memory chipmaker Micron Technology reported stronger-than-expected earnings. The benchmark KOSPI added …
U.S. stock futures rose on Thursday as Micron Technology's strong earnings eased concerns about artificial intelligence demand, with investors awaiting the personal consumption expenditures price inde…
Wall Street's tech sector fell for a third consecutive day, with the Nasdaq and S&P 500 declining 0.4% and 0.1% respectively, as strategists said AI stocks had moved "too high too fast." The Dow Jones…
Wall Street indexes rose on Wednesday, with the Dow Jones leading gains as semiconductor stocks struggled. Investors are recalibrating expectations for tech earnings, viewing the recent selloff as a h…
The Vanguard Utilities ETF (VPU) has underperformed the S&P 500 and Nasdaq-100 year to date and over the past decade, while the Invesco QQQ Trust ETF (QQQ) offers more direct exposure to AI-driven gai…
JPMorgan raised its year-end S&P 500 target to 7,800 from 7,600, citing AI-driven earnings and potential US-Iran peace talks that could push equities toward historic highs. The bank's midyear outlook,…
Major US indices opened higher on June 24, snapping a two-day tech-led sell-off that erased billions in market value. The Nasdaq Composite had fallen 2.2% in a single session, while the Dow Jones Indu…
A wave of stocks has seen triple-digit gains in 2026, with the S&P 500's return on equity boosted by the AI capex boom. Retail investors are pouring into U.S. stocks at a record pace, while consumer s…
Investor positioning in AI and semiconductor stocks has reached extreme levels, with high leverage in AI-related ETFs and a fleeing crypto market setting up a volatile summer. Goldman Sachs strategist…
J.P. Morgan ranked India third globally in AI readiness, behind the United States and China, citing Stanford University's Global AI Vibrancy Index. The report also noted that the S&P 500's top ten sto…
European markets are set to extend losses on Wednesday after a tech-led sell-off, with the FTSE 100 closing down nearly 0.1% on Tuesday. The Nasdaq slid 2.2% as investors dumped AI stocks, while Donal…
A sell-off in US AI stocks on Monday triggered global market declines, with the Nasdaq falling 2.2% and Asian markets following suit as concerns over AI spending bubbles and potential Fed rate hikes i…