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Markets face a reasonably quiet week, but it will be dominated by Wednesday's Nvidia (NVDA) earnings and Alphabet's two-day developer conference, creating a critical test for AI infrastructure investment sustainability and technology sector leadership.
Overbought warnings come ahead of a massive tech and retail earnings lineup.
Home Depot (NYSE:HD) is facing a class-action lawsuit over alleged unauthorized use of AI-powered license plate readers in store parking lots. The suit claims the technology tracked customers without proper consent and shared data with law enforcement, raising data privacy and civil liberties concerns. Privacy advocates and some lawmakers have criticized the alleged practices, arguing they could undermine customer trust and influence shopping behavior. Home Depot is a major US home...
A number of stocks fell in the afternoon session after the spike in oil prices threatened to siphon another round of discretionary spending away from store registers.