US stocks recover after tech rout
Tech-heavy Nasdaq 100 rises 1.4% following day of turmoil
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S&P 500 news
45 storiesUS economy outstrips forecasts to add 165,000 jobs in October
Hiring rebound reinforces expectations Federal Reserve will raise interest rates
U.S. Stocks Mixed After Jobs Data, Muted AI Rebound
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.
US stocks stage tepid recovery after $3.2tn rout fuelled by AI fears
Magnitude of rebound was feeble compared with historic recoveries from severe sell-offs
Data centers run on debt. That was a problem for bonds this year — and it’s only going to get worse.
AI debt issuance this year overwhelmed investor portfolios, and has disappointed from a performance perspective. The funding need won’t get any better with Democrats in control of…
Nvidia, AMD and other chip stocks rebound — but is relief from the ‘violent’ selloff only temporary?
Analysts warn of further volatility ahead, although there are several new factors that work in the AI trade’s favor.
Tech Stocks Recover Some Losses
Plus, Anthropic may scale back its IPO, and the Cybertruck meets its end
Investors brace for lower Anthropic valuation, calling $1.5 trillion a 'stretch'
Anthropic could list below a $1.5 trillion valuation, trailing previous expectations, as the AI trade sours on Wall Street.
AI stocks climb after trillions wiped from market values
Investors had been selling off tech shares in part due to concerns the Democrat election victory would mean slower AI development.