Stephen Miller Is Trump’s New Chief of Staff
Plus, AI stocks rebounded after a brutal week for the Nasdaq, and Tesla is scrapping its Cybertruck.
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Tech Stocks Recover Some Losses
Plus, Anthropic may scale back its IPO, and the Cybertruck meets its end
AI Stocks Rebound After Brutal Week for Nasdaq
The tech-heavy Nasdaq is reversing some of Thursday’s historic losses. The Dow, on the other hand, is about flat on the day after paring morning losses.
Major Investors Are Skeptical Anthropic IPO Can Achieve $1.5 Trillion Valuation
Other investors say October financial results could lessen the blow of the market rout.
The JPMorgan Alums Whose Big Bet on AI Stocks Is Being Put to the Test
Phil Scott and Jim Atwood struck out on their own in October in an effort to keep their wealth clients’ concentrated portfolios intact.
Wall Street Gets $2.5 Trillion AI Reality Check With Historic Rout of Tech Stocks
The Nasdaq composite closes in correction territory in the stock market’s worst day since last April’s tariff turmoil.