S&P 500 Posts Biggest Weekly Drop Since June as AI Stocks Stumble Ahead of Earnings
The S&P 500 posted its biggest weekly drop since June as AI-linked stocks stumbled. Wall Street now watches quarterly results…
Indices News
News about stock market indices (S&P 500, Nasdaq, Dow Jones, etc.)
Nearly $52 million in chip-stock perpetual bets liquidated in 10 minutes while Wall Street was closed
Nearly $52 million in leveraged bets on chip stocks and semiconductor funds were liquidated in 10 minutes on Saturday while…
Chip index posts longest losing streak since 2008 as AI worries deepen
The Philadelphia Semiconductor Index fell for an eighth straight session on Friday, its longest losing streak since October 2008. Concerns…
S&P 500 posts worst week since June as tech slumps while most stocks gain
A slump in technology stocks dragged the S&P 500 to its worst week since June. Most stocks in the index…
AI selloff hits global hedge funds, with Asia-focused managers losing most
Global hedge funds lost money this week as AI bets unwound, according to Goldman Sachs. Asia-focused funds took the heaviest…
