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AI Jitters and Oil Fears Send Stocks Reeling
Barrons.com21d agoneutral
AI Jitters and Oil Fears Send Stocks Reeling

A selloff in Big Tech stocks and rising oil prices drowned the major indexes on Thursday. The Nasdaq sank 2.1%. The Dow fell 507 points, or 1%. The S&P 500 dropped 1.2%. Alphabet and Tesla both fell sharply after their kickoff to Magnificent Sevens earnings season rekindled broader market worries about companies spending big on artificial intelligence.

Reality is Finally Catching Up to the Stock Market
Barrons.com21d agoneutral
Reality is Finally Catching Up to the Stock Market

Sherlock Holmes once lamented that the world is full of “obvious things” that few people ever bother to notice. Stocks rose, and profit forecasts improved, despite worrying developments in bond and commodities markets tied to the U.S. war with Iran.

Alphabet's Post-Earnings Plunge Adds to Dow's 500-Point Dive
Barrons.com22d agobearish
Alphabet's Post-Earnings Plunge Adds to Dow's 500-Point Dive

Alphabet, the newest addition to the Dow, dove on its latest quarterly results and it's weighing on the blue-chip index. The Dow is down 1.1%, or 563 points. Alphabet was the worst performer in the Dow, contributing a roughly 142-point drag on the index, Dow Jones Market Data showed.

Alphabet and Tesla Stocks Are on Track for Worst Day in Roughly a Year
Barrons.com22d agoneutral
Alphabet and Tesla Stocks Are on Track for Worst Day in Roughly a Year

Alphabet and Tesla reported earnings last night and Wall Street was less than impressed. Alphabet and Tesla both boosted their already hefty capital expenditure forecasts. "The market's reacting to not just the capex spend, but the free cash flow issue, and that spans across all the tech names," Laffer Tengler Investment's Nancy Tengler wrote.