Wall Street rises as oil prices fall and AI stocks rally
Another day of falling oil prices and rising AI stocks sent the New York Stock Exchange broadly higher on Tuesday.
Business
Wall Street Rises as Oil Prices Fall and Anthropic Files to List on Nasdaq
AI company Anthropic’s application to list on the Nasdaq in New York sent industry heavyweights soaring on Monday. Wall Street also rose broadly as oil prices fell.
Business
Meta Seeks $95 Billion Share Issue to Fund AI Investments as Stock Falls
Meta needs a huge cash injection and is asking its shareholders for $95 billion to invest in AI. But the stock continues to fall.
Business
Wall Street Falls as US Inflation Rises and AI Stocks Slide
The New York Stock Exchange fell sharply on Wednesday after new inflation data. Several AI-linked stocks also traded lower.
Business
Broadcom CEO Warns AI Investors Don’t Know What They’re Betting On, Compares Them to Casino Players
Asian stock markets, including South Korea’s, are falling sharply amid renewed concerns about an AI bubble. Broadcom CEO Hock Tan compares investors to casino players.
Business
Oil prices and rising rate fears weigh on Wall Street as AI stocks plunge
Oil prices are rising again, fueling inflation and interest rate concerns in the US. In New York, the stock market was also dragged down by plunging AI stocks.
Business
Wall Street Hits Record Highs as US Treasury Yields Fall and Tech Stocks Rally
Stock prices in New York hit new record highs on Tuesday as US market interest rates fell and major technology companies continued their rally.
Business
Wall Street rebounds as Fed rate hike worries ease
Wall Street stocks recovered on Thursday after the decline that followed the announcement of a US interest rate hike.
Business
AI concerns weigh on Wall Street as tech stocks fall at the start of the week
The New York Stock Exchange began this week's trading on a sour note in a situation where concerns about potential security problems have shaken the AI industry.
Business
Broadcom shares fall after weaker-than-expected forecast despite earnings beat
American chip manufacturer Broadcom - the world's eighth-largest company by market value - has released new quarterly figures that sent its stock lower in after-hours trading.
Business
Nvidia surges nearly 9% after beating Wall Street forecasts, lifting U.S. stocks
Nvidia rose sharply after beating expectations with its latest quarterly report - and the rest of the New York Stock Exchange followed suit.
Business
Wall Street falls as AI stocks slide and oil prices rise on Trump Iran remarks
Several AI giants dragged Wall Street down on Tuesday. Oil prices have ticked up after Trump's latest remarks on Iran.
Business
Wall Street ends mixed as oil prices fall for first time in a week
The leading indexes on Wall Street swung up and down on the last day of the trading week as oil prices fell for the first time in a week - and ultimately ended mixed.
Business
Wall Street rebounds as chip stocks lead gains
The New York stock market turned higher on Tuesday, led by AI stocks.
Business
Wall Street falls as chip stocks rise, Alphabet gains on new AI chip report
The New York Stock Exchange fell at the start of the trading week. But chip companies rose.
Business
Wall Street falls as concerns over overvalued AI stocks return
After two days of rising prices, the fun was over. Once again, concerns about overvalued AI stocks dragged down Wall Street.
Business
Meta plans to start production of its own AI chip in September, Reuters reports
Facebook and Instagram owner Meta plans to begin production of its own AI chips in September, Reuters reports, citing an internal document.
Business
Wall Street Rises to New Record as Semiconductor Stocks Rebound
The New York Stock Exchange began the first trading week after the United States' 250th anniversary celebrations this weekend with rising prices. A recovery in semiconductor companies drove the gains.
Business
Down on Wall Street - heavy for technology companies
Technology companies had a tough Tuesday, and the major indexes on the New York Stock Exchange fell.
Business
Wall Street dips amid AI fever as chip stocks slide
The New York Stock Exchange closed mostly in negative territory on Tuesday. Once again, stocks heavily linked to AI took a hit.
BusinessTop news
SpaceX ready for listing, largest IPO in history
Friday's IPO of SpaceX, with an initial price of $135 per share, will be the largest ever. Demand for the stock far exceeds the number of shares available, and so-called gray-market trading indicates a price increase.
BusinessTop news
SpaceX ready for Nasdaq listing - largest IPO in history
SpaceX's IPO on Friday will be the largest of all time by far. On Thursday evening, the company confirmed the IPO price at $135 per share. Appetite for the stock is significantly greater than the number of shares available for purchase.
Business
AI companies dragged Wall Street down amid tech profit-taking
The New York Stock Exchange opened on a positive note before profit-taking in the technology sector seriously disrupted trading.
Business