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Tech stocks looked set to struggle on Thursday as the artificial-intelligence trade ran out of steam, but some of the U.S.'s blue-chip names were still catching a bid ahead of the opening bell. Roundhill's Magnificent Seven exchange-traded fund, which tracks the price of seven mega-cap stocks, climbed 0.
Robinhood executives Stephanie Guild and Steve Quirk join Yahoo Finance Executive Editor Brian Sozzi to break down the unprecedented wave of upcoming AI and SpaceX IPOs, the risks of the "Magnificent Seven" market concentration, and why a looming $150 oil shock could test the stock market this summer.
Itʻs a good time to get defensive.
A virtual monopoly and three "indefinite" holdings were on the menu for Buffett's protege in the June-ended quarter.
Europe's top court on Thursday sided with Italy's communication authority which fined Alphabet unit Google €750,000 ($854,250) four years ago over gambling advertising on its YouTube video platform. "Google may be held liable for the YouTube videos of a content creator with whom it has a commercial partnership," the Luxembourg-based Court of Justice of the European Union said. The case is C-421/24AGCOM (Online gambling).
Alphabet would be the one stock I'd own if I could own only one.
Despite rising debt levels, Oracle’s large backlog, lower valuation compared to peers, and a sector-wide increase amid lower inflation have boosted investor sentiment.
Burry has previously said that Nvidia’s $117 billion in inventory and supplier commitments leave it exposed to an AI spending slowdown.
Ever since ChatGPT exploded in popularity, investors have worried that artificial intelligence could weaken Google’s most important business. Instead of searching for information and clicking through Google’s advertising-heavy results, consumers can increasingly ask an AI chatbot for a direct ...
Top economists and tech chiefs warned that AI could become dramatically more powerful over the next decade, bringing significant risks, widespread job displacement, and opportunities, such as higher living standards. A statement titled “We Must Act Now” was signed by...
Warren Buffett says Alphabet will beat 95% of Wall Street picks as Berkshire's stake tops $31 billion. GOOGL stock surges.
Dell, Sandisk and Micron led an AI sell-off, masked by megacaps such as Apple. SpaceX undercut its IPO price. Taiwan Semi, GE Aerospace earnings are due.
Meta's newest recruits could lose their jobs once data center construction is finished. Nobody knows if they'll get hired anywhere else
The brokerage says Amazon offers a more attractive way to gain exposure to AI infrastructure and retail than two of its biggest rivals.
US stocks (^GSPC, ^DJI, ^IXIC) managed to close Wednesday's session higher despite a new sell-off appearing across the semiconductor industry. Baird tech strategist Ted Mortonson explains what rising memory chip costs could mean for tech consumers and companies like iPhone maker Apple (AAPL).
They are two of the biggest names in AI computing right now.
The brokerage says Amazon offers a more attractive way to gain exposure to AI infrastructure and retail than two of its biggest rivals.
FINANCE U.S. stocks edged higher Wednesday as gains in megacap technology names offset weakness in chip stocks. PayPal surged on reports of a takeover offer and another round of strong bank earnings kept Wall Street in an upbeat mood.
A positive day for several of Wall Street's biggest stocks helped offset another down day for chipmakers.
Meta and Alphabet may be competing in another field soon.
Shares of solar energy systems company Shoals (NASDAQ:SHLS) jumped 2.8% in the afternoon session after Jefferies raised its price target on the stock to $12 from $10, maintaining a Buy rating.
The artificial-intelligence-driven data center boom has been lifting the American economy, and sparking political blowback.