Wall Street defiant after brutal tech selloff. ‘Market reaction is overdone’
Monday’s meltdown was a cold plunge on what had otherwise been a bull market for tech on the belief that AI would usher in a new golden age of worldwide productivity and sector-
The Day DeepSeek Turned Tech and Wall Street Upside Down
Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.
Wall Street Says Nvidia Has Nearly Peaked? Time to Sell?
Massive artificial intelligence spending supercharged its growth, but with Nvidia due to report earnings on Feb. 26, Wall Street suggests the semiconductor stock may soon hit a ceiling. Analysts have assigned a consensus one-year price target on NVDA stock of $164 per share. That implies only a 15% gain over the next 12 months.
Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.
Tech stocks plunge as Wall Street fears stretched valuations. Will value stocks win?
U.S. stocks mostly sold off Monday, amid fears China’s AI company DeepSeek could disrupt profits for Big Tech stocks.
Tech Stocks May Lead Early Sell-Off On Wall Street
The major U.S. index futures are currently pointing to a sharply lower open on Monday, with stocks likely to extend the pullback seen
Tech tailspin on China's AI drive hits Wall Street
U.S. technology shares dropped sharply on Monday as surging interest in Chinese startup DeepSeek's low-cost artificial intelligence model raised doubts about the sector's lofty valuations. The tumble in global equities prompted a widespread flight to safety,
Nvidia faces a reckoning as an upstart rival raises questions about Wall Street's darling
The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 ...
Fed’s Balance-Sheet Plans Mystify Wall Street as Officials Meet
Buried in a rote US Treasury survey released on the eve of the latest holiday weekend was a question that all of Wall Street ...
Banker at boutique investment firm dies at 28 as Wall Street’s brutal work culture comes under the microscope
The cause of death remains unknown and is still being investigated, a source familiar with the matter told The Post, adding ...
Why more Wall Street firms are growing worried
For years now, those who have worried about the equity market’s overvaluation have been voices in the wilderness. As the bull ...
GM results top Wall Street targets; shares slump as tariff threat looms
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, ...
The Wall Street Journal gave Delta this prestigious award
The Wall Street Journal (WSJ) has named Delta the Top U.S. Airline of 2024. The post The Wall Street Journal gave Delta this ...
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Wall Street banks prepare to sell up to $3 billion in X loans next week, sources say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...
Wall Street hopes to get rid of a bad Elon Musk bet
Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s ...