[Chart courtesy of MarketWatch.com] The S&P 500 and Nasdaq started strong today as Wall Street tried to bounce back from last week’s AI scare. Nvidia led the charge, rallying just over 2% after its partnership with OpenAI sparked new debate about whether big infrastructure spending can keep the AI boom alive. Advanced Micro Devices and Micron Technology both jumped too, …
AI Hype Cools; Oracle And Bitcoin Tumble—Metals Shine
[Chart courtesy of MarketWatch.com] Stocks stumbled for a third day in a row as the latest pullback in Oracle and a fresh jump in rates weighed on sentiment. Oracle slid another 4% and is now down more than 10% from its recent high, rattled by lingering doubts about the AI story and a new sell rating from Wall Street predicting …
Gold Slips, Bitcoin Recovers While Copper Shines
[Chart courtesy of MarketWatch.com] The market couldn’t hold onto early gains today, as pressure on AI heavyweights like Nvidia and Oracle dragged the major indexes into the red for a second straight day. Nvidia swung around as traders tried to make sense of its new OpenAI partnership, while Micron fell nearly 2% after its earnings and outlook failed to wow …
Gold Shines, Bitcoin Flounders As Bears Return
[Chart courtesy of MarketWatch.com] The S&P 500 started strong, hitting a new intraday high early in the session—its fourth straight record, but the Dow was leading the charge thanks to Boeing’s boost. Boeing rallied after President Trump celebrated Uzbekistan’s $8 billion deal, and chatter about a major U.S.–China Boeing agreement kept buyers interested. Yesterday’s breakout accelerated late as Nvidia popped …
Gold And Silver Roar As Stocks Bounce Back
[Chart courtesy of MarketWatch.com] The week got off to a choppy start, with most major indexes opening in the red before regaining their footing. The Nasdaq led the turnaround, clawing back above its unchanged line first and later dragging the Dow and S&P 500 along for the ride. Despite the bounce, a looming government shutdown kept things from getting too …
Fed’s Measured Cut Lifts Markets, Intel Leaps On Nvidia Deal
[Chart courtesy of MarketWatch.com] All the major indexes soared to fresh record highs today as traders rotated back into tech stocks, following the Fed’s rate cut and more hints that further cuts are coming this year. Intel stole the spotlight, popping 26% after Nvidia announced a $5 billion investment and a new partnership on data center and PC products—Nvidia shares …