Berkshire shares surge as Wall Street swoons amid AI fears
Berkshire Hathaway shares roared past the S&P 500 index this week and are outperforming the benchmark for the year-to-date.
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Berkshire Hathaway shares roared past the S&P 500 index this week and are outperforming the benchmark for the year-to-date.
Rep. Josh Gottheimer disclosed new AI-linked stock purchases months after voting for a congressional trading ban, as Democrats prepare to regulate the industry.
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US midterm elections sparked a hedge fund and retail investor exodus from a trade that had taken over equity markets
Democrats’ victories supercharged anxieties that had been building for weeks. Systematic trades amplified losses.
U.S. stocks ended mixed after strong jobs data and a modest rebound for AI companies failed to quell investor nerves about the sustainability of the AI boom.
Magnitude of rebound was feeble compared with historic recoveries from severe sell-offs
Analysts warn of further volatility ahead, although there are several new factors that work in the AI trade’s favor.
Anthropic could list below a $1.5 trillion valuation, trailing previous expectations, as the AI trade sours on Wall Street.
Investors had been selling off tech shares in part due to concerns the Democrat election victory would mean slower AI development.
At the Investing Club's 4th annual meeting, Cramer also reveals his outlook for 2027 and answers questions from the live audience and members at home.
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.
Analysts warn demand may be dented by the SpaceX slide