[Chart courtesy of MarketWatch.com] After four straight down days fueled by AI jitters, the S&P 500 finally flipped green, thanks to a 6% pop in Alphabet and traders piling back into the AI trade. Nvidia added 3+% ahead of its big earnings drop after the bell today. Everyone’s hoping the chip king smashes estimates and proves the AI hype is …
Gold & Silver Shine While Stocks Whine
[Chart courtesy of MarketWatch.com] Stocks got hit again, and this time the culprit was clear: people are suddenly side eyeing those sky-high AI valuations. Nvidia dropped another 2% (now down 10% this month) ahead of its big earnings on Wednesday, and the rest of the Magnificent 7 felt the heat too—Amazon and Microsoft both bled. Bitcoin even dipped below $90K …
Tech Giants Weigh Down Majors As Key Levels Break
[Chart courtesy of MarketWatch.com] Stocks bounced around the flat line early in the day as investors braced for pivotal Nvidia earnings and the first jobs report since the government shutdown, but things turned south into the close as negative sentiment took over. While Alphabet popped 5% on news that Berkshire Hathaway took a stake in the tech giant, it wasn’t …
Tech Tumbles As Markets “Sell The Fact” On Reopening
[Chart courtesy of MarketWatch.com] Today was the classic “buy the rumor, sell the fact” type of session: markets opened lower and just kept sliding, even as the long-awaited government re-opening failed to inspire the bulls. Tech and AI names took the brunt of the selling, with the Nasdaq locking in its third straight decline, led down by heavyweights like Nvidia, …
Tech Lags, Dow, And Metals Steal The Show
[Chart courtesy of MarketWatch.com] The Dow soared past 48,000 for the first time ever, extending its record-breaking streak and outshining the rest of the market. Strong rallies in financial heavyweights like Goldman Sachs, JPMorgan, and American Express powered the index higher, alongside fresh highs for UnitedHealth, IBM, and Nike. Bank shares broadly joined in, contributing to the Dow’s milestone run. …
Dow Hits Record As S&P Recovers, Tech Lags
[Chart courtesy of MarketWatch.com] The S&P 500 and Nasdaq stumbled in early trading, weighed down by weak tech performance after the recent surge. By the close, the S&P 500 clawed back to green, while the Dow powered to a fresh record high. The Nasdaq wasn’t so lucky, finishing with a moderate loss as big names in artificial intelligence—like Nvidia, CoreWeave, …