The selloff, which hit firms like Broadcom and Micron Technology, comes after a historic rally for semiconductor stocks.
Investors were sticking with what has recently worked. Most of the "Magnificent Seven" stocks were lower on Wednesday, except ...
The thing about bull markets, especially those powered by investor momentum, is that they constantly ask questions that can’t ...
Asian shares are trading mixed, as the enthusiasm over AI and other technology stocks gradually faded, braking Wall Street’s record-setting run.
The Dow was up sharply Thursday, while the tech-heavy Nasdaq turned higher in afternoon trading as investors weighed Broadcom earnings and developments in the Middle East.
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Partners such as Oracle Corp. and CoreWeave Inc. tumbled, with the S&P 500 dropping from a record. The Nasdaq 100 lost 1.3%.
The U.S. stock market gave back more of its record-setting rally. The S&P 500 fell 0.7% Tuesday for its third straight loss since setting its latest all-time high.
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.