Wall Street holds near its record following the latest weak update on the US economy
NEW YORK (AP) — U.S. stocks are drifting near their record heights Friday following the latest report on…
Stock market today: S&P 500 notches record high, Nasdaq rallies after soft inflation data
US stocks climbed on Thursday, with the S&P 500 (^GSPC) posting a record high after another inflation reading…
South Korea’s Kospi share index falls 7%, as investors dump more AI-related stocks
TOKYO (AP) — Asian shares were mixed but South Korea’s Kospi stock index dropped 7% on Wednesday as…
AI stocks keep falling, while oil prices keep climbing
NEW YORK (AP) — The sell-off for winners of the artificial-intelligence boom deepened Friday and yanked stock markets…
Semiconductor stocks keep falling as investors go risk-off, Chinese startup releases powerful new AI model
What happened: Semiconductor stocks retreated on Friday. Memory and storage highfliers Micron Technology (MU) and Sandisk (SNDK) stocks…
Sandisk, Western Digital, and others soar as Micron results ‘justify elevated valuations’
What happened: Memory and storage stocks rallied on Thursday. Shares of Sandisk (SNDK) and Western Digital (WDC) gained 21%…
Wall Street drifts after tech stocks keep swinging
NEW YORK (AP) — The U.S. stock market is drifting in mixed trading on Wednesday as technology stocks…
Applied Materials sees quarterly revenue above estimates on sustained AI spending
By Juby Babu May 14 (Reuters) – Applied Materials on Thursday forecast third-quarter revenue and adjusted profit above…
Wall Street steadies after its AI-induced sell-off
NEW YORK (AP) — U.S. stocks steadied on Friday after an encouraging update on inflation helped calm a…
Applied Materials Warns Uncertainty Is Slowing Its Business, Especially in China
Cheng Xin / Getty Images Applied Materials shares sank 11% Friday morning even though fiscal third-quarter results topped…