Nasdaq rebounds 1.1% after last week’s AI-fueled sell-off
The New York Stock Exchange’s tech-heavy Nasdaq Composite Index started the trading week higher after last week’s AI-fueled sell-off.
Technology
Wall Street Extends Weekly Slide as Nasdaq Posts Its Worst Week Since June
After an already dismal week, the New York Stock Exchange continued to fall on Friday.
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.
Technology
Micron beats expectations with stronger-than-forecast quarterly results
Chipmaker Micron beat analysts' expectations with its latest quarterly report. The stock rose in after-hours trading.
Business
Rising US interest rates rattle Wall Street as S&P 500, Nasdaq fall
Market interest rates in the US continue to rise, causing Wall Street to tremble on the first trading day of the week.
Business
AI boom drives memory chip shortages, pushing up iPhone and console prices
The AI industry is vacuuming up the market for memory chips. This is leading to more expensive mobile phones and game consoles for customers, but the shortage is also affecting companies and research. This will not go away, says Malin Berglund at the Swedish Electronics Industry Association.
Technology
Oil and interest rates jump as Wall Street falls sharply
When the price of oil and market interest rates rise, stock prices on Wall Street tend to fall. That old truth also held true on Tuesday.
Business
Nvidia falls for seventh straight session on Wall Street ahead of earnings report
For the seventh straight trading day, AI giant Nvidia fell on the New York Stock Exchange. Two of the three leading indexes on Wall Street fell on Monday.
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