Big Tech CEOs Seek To Quell AI Worries Hammering Software Stocks
Big Tech CEOs this week brushed aside worries that AI will evaporate the competitive moats of established software companies.
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The Tech Stock Free Fall Doesn’t Make Any Sense, BofA Says In Rebuke To Investors While Doubling Down On The Sector’s Longevity
As semiconductor stocks undergo another bout of severe volatility, BofA Global Research has issued a sharp rebuke to prevailing market sentiment.
Bitcoin Sinks After Treasury Secretary Bessent Says US Government Can't Tell Banks To Bail Out Crypto
Bitcoin fell 2% to around $73,000 per token after Treasury Secretary Scott Bessent suggested the US government would not bail out the cryptocurrency.
‘Get Me Out’: Traders Dump Software Stocks As AI Fears Erupt
Wall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately.
Gold Falls To $5,300, Silver Slips From Record As Precious Metals Rally Enters 'Dangerous Phase'
Gold (GC=F) fell to around $5,300 after briefly topping $5,600 per ounce on Thursday while silver (SI=F) also pared gains.
Gold Rises After Topping $5,000 For The First Time In 'Breathtaking And Profoundly Scary' Rally
Gold (GC=F) continued to rise on Monday after breaking above $5,000 an ounce earlier than Wall Street expected.
Small Caps Notch Longest Win Streak Over S&P 500 Since 1996
Small Caps Notch Longest Win Streak Over S&P 500 Since 1996
