How Nvidia became the financial backstop of the AI buildout
CNBC’s Kristina Partsinevelos reports on the latest trends regarding Nvidia.
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Read MoreChina chip breakthrough triggers global tech rout
Global tech stocks plunged after China achieved a breakthrough in developing machinery crucial to the AI boom.
Trading was briefly halted on South Korea’s benchmark Kospi index,
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Read MoreStagflation? Recession? We Asked A Former Fed Advisor About The US Economy In 2026
While there has been plenty of dialogue, debate, and even predictions for the U.S. economy in 2026, many of the signals that might indicate the onset of certain economic trends have not quite panned out as anticipated. While stagflation,
About $1.2 trillion wiped out as US tech stocks slump over rising AI spending
New Delhi: As AI reshapes business models across the technology sector, the selloff in US technology stocks stretched into a fourth straight trading session, wiping about $1.2 trillion from the sector’s market value.
Nasdaq 100 index extended its decline overnight, with Tesla leading losses after tumbling more than 16 per cent over the past four trading sessions.
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Read MoreDon’t Claim Social Security at 62 Unless You Know This Number
There’s a reason so many seniors are tempted to claim Social Security at 62. That’s the earliest age you can get retirement benefits.
But there’s a catch. If you want those monthly checks without a reduction, you’ll have to wait until full retirement age (FRA) arrives to sign up for Social Security.
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Read MoreThe Burst
3 Ways To Protect Against a Market CRASH
With news coming out that Buffett has lightened up on Bank of America, a core holding since 2011, in addition to his sales earlier in the year of his largest equity holding, Apple, concerns are rising that the Oracle of Omaha is reading the tea leaves and seeing gloom on the horizon.
That’s not a surprise given that the so-called Buffett Indicator,
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Read MoreThe Ivy
Is Roper Technologies a Hidden Gem or an Overpriced Stock?
At a time when tech stocks are surging, it’s somewhat rare to find a technology company that hasn’t advanced by double or even triple digits in the last 12 months. Today, however, we’ll be looking at one that has remained largely flat even as investors poured into practically every tech company they could find.
Roper Technologies (NYSE:ROP) has advanced less than 6 percent in the last 12 months despite solid revenue and earnings growth.
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Read MoreThe Spotlight
Market Commentary: 54.9% Upside + 9.3x P/E
Trading volume is like oxygen for market makers, and over the past decade off-exchange market makers like Virtu Financial have soaked up a lot of trades from individual investors, creating a fortune for shareholders.