The stock market just got a look at how disruptive investor concerns over AI could become across multiple industries. What began as a shake-up in software stocks spread to the wealth management, transportation, and logistics Read More
Software stocks have been pummeled over artificial intelligence fears in recent weeks. Now, investors can add logistics and freight names to the list of stocks getting sold on worries about AI. Shares of logistics and Read More
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: If you are looking to be consoled after 25% in value was sliced Read More
On Thursday, Wedbush analyst Dan Ives said that Wall Street is punishing software stocks like Salesforce Inc. (NYSE:CRM), ServiceNow Inc. (NYSE:NOW) and Microsoft Corp (NASDAQ:MSFT) as if they are no longer relevant Read More
The performance of Amazon’s (AMZN) cloud business, AWS, will be keenly examined when its earnings report lands later, after Microsoft (MSFT) stock plunged last week, in part due to a slowdown in cloud growth. Read More
00:00 Speaker A Shouldn’t this report by by Alphabet, uh, really good from top to bottom, really good earnings call, any way you sliced it. Shouldn’t this be the report that stops this sell-off Read More
Big Tech CEOs this week brushed aside worries that AI will evaporate the competitive moats of established software companies, even as those firms have seen their stocks plunge in a steep, months-long sell-off. Speaking during Read More
00:00 Speaker A You’re underweight the Mag 7. Um, how come? What what are the key risks there? Is that is that earnings growth, Adam? Is that valuation? What do you see? 00:09 Adam Yeah, it’s Read More
US stocks mostly fell on Wednesday as Wall Street assessed a fresh wave of earnings and waited for Alphabet (GOOG, GOOGL) results, eyeing the fallout from an AI-stoked slump in software and tech stocks. The Read More
Investing.com — U.S. markets slid sharply lower on Wednesday, led by another violent selloff across technology shares as pressure intensified in both software and semiconductors. Software stocks were hit hard in the opening hour Read More