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Questions have been rising about whether such AI superstar stocks can add more to their already spectacular gains.
Wall Street ended sharply higher on Monday, led by big gains in Nvidia, Palantir and other heavyweight AI-related companies following progress in Washington to end a record government shutdown.
A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced his sweeping tariff plan in April.
Cisco (CSCO) surged on strong AI infrastructure orders, while Oracle (ORCL) fell amid concerns over hyperscaler spending and AI depreciation risks. Defensive rotation is evident as pharma stocks rally and Bitcoin slumps, signaling declining risk appetite and shifting investor focus.
Next-gen talent in wealth management and on Wall Street needs to cultivate brand identity, a capacity to pivot, and the ability to recognize burnout.
Gene Munster thinks Wall Street isn't factoring in a few key developments as analysts prepare for the chip giant's Q3 earnings report on November 19.
The U.S. stock market continues to shake on Friday, a day after one of its worst drops since its springtime sell-off, as Nvidia, bitcoin, gold and other high flyers on Wall Street swing.
The U.S. stock market tumbled on Thursday to one of its worst days since its springtime sell-off, as Nvidia and other AI superstar stocks kept dropping on worries their prices shot too high. Also hurting the market were questions about whether coming cuts to interest rates that Wall Street has been banking on will actually happen.