Big Tech sees over $1 trillion wiped from stocks as fears of AI bubble ignite sell-off
Big Tech companies have seen over $1 trillion wiped from their market cap over the past week, as fears over AI spending sparked a sell-off.
Big Tech companies have seen over $1 trillion wiped from their market cap over the past week, as fears over AI spending sparked a sell-off.
Feb 6 (Reuters) – Cboe Global Markets posted a rise in fourth-quarter profit on Friday, as elevated market volatility helped boost options trading volumes at the exchange operator. Markets have seen a …
» Read more about: Cboe’s fourth-quarter profit rises on options trading boom »
US stock futures turned higher early Friday, pointing cautiously to a rebound from a tech bruising as Wall Street reassessed worries about the impact of AI disruption and the risks of hefty Big Tech spending.
S&P 500 futures (ES=F) rose 0.5%, while Nasdaq 100 futures (NQ=F) added 0.7%,
Berkshire Hathaway offloaded nearly 1.7 million shares of DaVita worth $200 million on 29th January, weeks after the company, led by newly-appointed CEO Greg Abel, announced it could completely offload its $7 billion stake in Kraft Heinz.
Investors and analysts believe Warren Buffett left Abel with a massive portfolio and a pile of cash to manage,
China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.
Geopolitical uncertainty – driven in large part by President Donald Trump’s often chaotic economic policy – has gripped markets in recent weeks, with the dollar falling to four-year lows.
Tejara Capital added 685,617 shares of DNOW, with an estimated trade size of $9.08 million based on quarterly average pricing.
» Read more about: What to Know About a New $9 Million Bet on an Energy Distributor Stock »
Record inflows and structural shifts show active ETFs becoming a core tool for advisors.
Active ETFs have moved beyond their experimental phase and are rapidly becoming a central component of advisor portfolios.
New data from regulators and asset managers point to the same conclusion from different angles: that active ETFs are no longer just a fast-growing corner of the market,
» Read more about: Active ETFs step out of the shadows as advisors rethink portfolio construction »
When it comes to financial news, the Dow Jones Industrial Average (DJIA) and the S&P 500 are among the most commonly cited benchmarks for the stock market. When a talking head discusses the market going up or down on the news, they’re usually referencing one of these two stock indexes. Despite their popularity,
» Read more about: Dow Jones vs. S&P 500: Which index actually represents the market? »