Nvidia Falls 11% While the S&P 500 Gains 2.9% This Week
Nvidia fell 11% this week while the S&P 500 gained 2.9%, as investors looked past the AI trade's poster child after CEO Jensen Huang resigned following reports of two affairs.
Topic
AI Trade
Topic
AI Trade
CoreWeave Beats, Raises 2026 Outlook to $13.3bn and Reignites AI Trade
CoreWeave raised its 2026 revenue forecast to $13.3bn with a $132bn backlog, sending QQQ up 1.77% premarket as TSMC approved up t…
S&P 500 Loses $2.9 Trillion in a Day as AI Trade Cracks
The S&P 500 erased a record $2.9 trillion in market value on Thursday as margin calls and fears of a Democratic pause on AI data-…
S&P 500's 7,500 Threshold Could Trigger a Deeper Selloff
Jason Hunter of J.P. Morgan Securities says a break below 7,500 could send the S&P 500 toward 7,237-7,313, with a deeper 6,900-7,…
Nasdaq Futures Tumble 2.07% as Blue Tsunami Hits Red States
Nasdaq futures sank 2.07% and Dow futures lost 380 points as Democrats won in South Carolina and led in Texas. Ed Yardeni warns a…
Tech's 6.8% October Slump Sends Smart Money Into Staples and Quality
Tech fell 6.8% in October, its worst month since March 2025, while a consumer staples ETF logged its biggest monthly gain since 1…
S&P 500 Prints Rare Signal Seen Only Twice Since 1999
The S&P 500 fell 1.2% with advancers beating decliners by 173 — only the second such day since 1999. Citi's Kaiser says it's not…
JPMorgan's Tyler Turns Bullish on Tech After Month of Caution
A month after urging caution, JPMorgan's market intelligence team is going tactically bullish, calling tech its top pick on stron…
Wedbush Files for Analog Economy ETF to Bet Against AI Hype
Wedbush filed a prospectus for an Analog Economy ETF tracking ~50 companies built on labor and physical assets, excluding AI and…