The artificial-intelligence trade is on the ropes. CNN’s “Fear & Greed” index is screaming fear, and the yield on the 10-year Treasury note just clinched its biggest daily drop since the collapse of Silicon Valley Bank.
Sacramento Kings forward Precious Achiuwa has signed for a $1.84M condo inside a lavish Miami development that has already attracted several high-profile athletes.
Investors are spooked by Tesla’s lower spending target, Lam Research’s weaker-than-expected forecast and a fresh reminder that the AI boom relies on outside funding.
Wall Street may be starting to price in the scenario everyone fears: a full-scale regional conflict that could further choke off global energy supplies and unleash a fresh wave of turmoil across financial markets.
Beth Kobliner, author of “Get a Financial Life,” explains why today’s young people face a tougher financial world and reveals the three money moves she would make first.
Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, but traders remain wary about a fragile recovery.
Hedge fund positioning has lightened considerably since its recent September peak, and JPMorgan strategists deduce from this that downside for stocks is now limited.
