Tech stocks slipped in premarket trading Monday after a weekend of increasingly dire warnings about AI.
Nvidia and SpaceX were both down 2% in premarket trading around 7:30 a.m. ET. Nasdaq 100 futures pointed to a 1.4% decline at the open, suggesting the selling could extend across large-cap tech.
» Read more about: Tech stocks are tumbling as AI apocalypse fears go mainstream »
NEW YORK — Technology stocks fell sharply across Asia, Europe and the United States on Monday after some of the artificial intelligence industry’s most prominent executives called for a slower pace of development, rattling investors who have poured billions of dollars into the sector on bets that rapid AI progress would keep driving corporate profits and stock valuations higher.
Discussions around the development of artificial intelligence – and concerns that it could pose a risk to society –
» Read more about: Tech stocks fall after calls for AI development to slow down »
You might think that a high student loan balance is a burden exclusive to younger generations, but in the time since federal student loans were first made available in the late 1950s, they’ve had a severe impact on essentially every American cohort old enough to pursue higher education.
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American (AMEX) in New York City, U.S., Sept. 8, 2026.
Brendan McDermid | Reuters
Stock futures fell early Monday as investors monitored a major shakeup in the pipeline for artificial intelligence initial public offerings amid growing safety concerns,
Filling the 12% bracket with a Roth conversion pushed a December mutual fund distribution’s capital gains rate from 0% to 15%.
Mutual funds can distribute taxable capital gains to shareholders even when they never sold a share, silently consuming low-income tax space.
Picking the next Nvidia (NVDA -0.03%) or Palantir (PLTR +0.83%) could create enormous wealth. However, the big problem is identifying the company and investing in it before everyone else does.
But instead of trying to pick individual winners,
» Read more about: 4 Simple ETFs Built for Long-Term Buy-and-Hold Investors »
By Indradip Ghosh
BENGALURU, Sept 14 (Reuters) – The Federal Reserve will raise its interest rate on Wednesday and deliver at least one more hike by the end of March, according to a majority of economists polled by Reuters, reversing a fragile no-change consensus that prevailed before official data on Friday showed firm inflation.
Retirees hoping for a substantial increase in Social Security benefits this year will likely be disappointed despite being on a track for record cost of living adjustment (COLA).
The latest forecast from the advocacy group The Senior Citizen League puts 2027’s COLA at 3.5%, the highest level in four years.