The Daily

More drops for superstar artificial-intelligence stocks knocked Wall Street off its record heights on Friday.

The Standard & Poor’s 500 index fell 1.1% from its all-time high for its worst day in three weeks. The weakness for tech stocks yanked the Nasdaq composite down by a market-leading 1.7%, and the Dow Jones industrial average gave back 245 points,

 » Read more about: Tumbling tech stocks drag Wall Street to its worst day in 3 weeks  »

Cathie Wood’s Ark Invest has acquired $15.4 million worth of Robinhood shares despite recent market instability. Robinhood’s stock has seen a downturn, closing 9% lower on Thursday, a decline attributed to broader market volatility affecting technology and financial sectors. In addition to purchasing Robinhood shares, Ark Invest also increased its holdings in its own Bitcoin ETF,

 » Read more about: Cathie Wood’s Ark Invest Seizes Opportunity with $15.4 Million Robinhood Share Buy amid Market Shifts  »

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Speculation regarding Brock Lesnar’s long-term future with WWE is once again a major talking point following comments from his long-time rival, John Cena.

While rumors of a retirement match at SummerSlam 2026 have gained traction, Dave Meltzer of the Wrestling Observer Newsletter has clarified that these plans are currently “working plans” rather than finalized decisions.

 » Read more about: Rumor Suggests Brock Lesnar Next To Get WWE Retirement Tour  »

Treasury yields rose as traders weighed the path for interest rates. The 30-year Treasury yield climbed 4 basis points to about 4.84%. The 10-year yield added 2 basis points to around 4.18%. Higher long yields pressured tech shares.

Federal Reserve officials kept inflation in focus. Cleveland Fed President Beth Hammack said she would prefer policy to stay slightly more restrictive.

 » Read more about: US Stock Market Today: NASDAQ 100 Slides 1.9% as Tech Stocks Weigh on Wall Street  »

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.

 » Read more about: Hedge Fund and Insider Trading News: Cathie Wood, Michael Burry, Renaissance Technologies, Mason Capital, Millennium Management, Adverum Biotechnologies Inc (ADVM), MGM Resorts …  »

Shares of Coinbase (NASDAQ:COIN) closed at $275.09 on December 10 as retail investor sentiment on Reddit remains deeply negative. The stock carries a sentiment score of just 17.2 out of 100, placing …

 » Read more about: Coinbase Sentiment Hits Rock Bottom as Bitcoin Correlation Crushes Options Traders  »