A report that OpenAI missed some key targets is hitting the tech sector hard on Tuesday ... Here's where US indexes stood around 10 a.m. ET.S&P 500. 7,139.89, down 0.47%Dow Jones Industrial Average. 49,198.33, up 0.06% (+30.54 points)Nasdaq composite ... -1%.
Bank of America says it might be time for a new way of thinking about a longstanding bit of investment advice. In a recent note to clients, the bank said it was brushing aside the adage to "Sell in May and go away" — at least for this year ... ....
Meta is among the companies that will kick off the mega-cap earnings Superbowl this week. The Facebook parent will report first-quarter results on Wednesday after the close, and Wall Street is going in with high expectations for AI-fueled growth ... ... ....
IPOStrategist Jim Paulsen says tech stocks are poised to underperform ...The market's most notorious recession indicator is sending investors a new message. tech stocks are about to get left behind ... Read the original article on Business Insider ....
John Hussman is sounding the alarm on another omen in markets ... In a note on Sunday, he flagged an emerging pattern in the split between soaring corporate profits and rising public and private debt ... At the same time, debt is soaring ... ....
The stock market looks like it's headed for a 1999 moment, BCA Research says ...BCA said that's because the AI trade looks like it's approaching its late-cycle, meaning a rally that looks like the dot-com-era craze could soon be in the cards ... ....
Bloomberg/Getty ImagesThe US government has seen the value of its Intel stake surge by nearly $30 billion on paper. The chip stock hit a record on Friday, surging 28% after strong Q1 earnings and guidance ... the US government ... ....
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JOHANNES EISELE/AFP via Getty ImagesWall Street is eyeing a blow-off top rally that leads to another steep drop. Stocks have rebounded sharply since the recent ceasefire, but a formal peace deal hasn't been reached ... ....
Strategist David Roche is warning of an energy shock that could last long after the Iran war is over. Handout Photo by the U.S ... David Roche, a strategist at QuantumStrategy who is known as "Dr ... "The tankers would not flow the same way as they should.
Bloomberg/Getty ImagesThe world of meme stocks is volatile, and Avis is the latest to see a huge rally and a sudden collapse. A short-squeeze set off a parabolic rally in the stock this month ... It isn't the first time Avis stock has gone parabolic ... ....
AI could be about to derail your plans to retire early, one investing pro says ... AI's impact is already visible in broad-stroke numbers in the job market ... Layoffs have also trended higher each year since 2022, the year ChatGPT first went viral ... ....
The US economy could be in tricky territory, Citi analysts are warning ...That's an environment where growth is high, but inflation is running hot as well ... Inflation has also already started to creep higher since the war started ... ....