Tag: Tech Stocks
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Tariffs Reframe Markets: Economics Still Leads Over Politics
Tariffs reframe the market narrative The latest installment of CNBC Daily Open centers on a familiar tension: politics vs. economics. After weeks of debate about whether there is an AI-driven bubble in markets, a recurring theme of 2025 has emerged—tariffs are back, and they could be the decisive factor steering market behavior. Investors are watching…
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Wall Street Slips as Fed Jitters Persist; Nvidia and Palantir Drag Tech Stocks Lower
Wall Street Opens Lower on Fed Jitters U.S. stock markets opened lower on Friday as investors continued to grapple with the Federal Reserve’s stance on monetary policy and the potential timetable for future rate cuts. The prospect of a December move downward in rates has kept pressure on equities, particularly technology shares that have driven…
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Michael Burry’s AI Bet: The Big Short Trader Returns to Drama with a New Target
Revisiting a Contrarian Legend Michael Burry, the investor whose name became synonymous with the high-stakes drama of the 2008 financial crisis, is back in the headlines. Ten years after his role in The Big Short, Burry has once again drawn a sharp line between opportunity and risk. This time, the target isn’t mortgage-backed securities or…
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Michael Burry Bets Against AI: A New Drama in the Tech-Turbulent Market
Michael Burry’s Return to the Spotlight Ten years after his dramatic role in the global financial drama chronicled in The Big Short, Michael Burry is once again at the center of the market’s high-stakes narrative. The renowned investor, whose prescient bet against the U.S. housing bubble earned him a place in financial folklore, has reportedly…
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Stock Market Today: Dow Falls, Tech-Led Nasdaq Slumps (Live Coverage)
Live Market Action: Dow Drops as Tech Shares Lead the Swoon The stock market faced a broad retreat today, with the Dow Jones Industrial Average slipping while the Nasdaq Composite posted sharper losses led by a wave of technology names. Traders and investors watched a tilt toward risk-off sentiment as concerns over rates, inflation data,…
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Stock Market Today: Dow Falls, Nasdaq Sinks 2% in Tech-Led Rout (Live Coverage)
Live Market Update: Dow Down, Nasdaq Drops 2% in Tech-Led Sell-Off Equity markets extended a tech-led rout as major indices pulled back on a day dominated by headlines from the technology sector. The Dow Jones Industrial Average slumped while the Nasdaq Composite slid about 2% as investors parsed earnings results, guidance from software and semiconductor…
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Dow Falls, Nasdaq Sinks 2%: Tech-Led Market Rout – Live Coverage
Live Market Snapshot: Dow Dips as Nasdaq Leads Tech Selloff Equity markets faced a broad retreat as the Dow Jones Industrial Average slipped while the tech-heavy Nasdaq Composite tumbled about 2% in a day defined by a tech-led rout. Traders watched a fresh wave of concerns ripple through the sector, from earnings guidance and valuations…
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Tencent Rally Extends as Games Boost Earnings
Tencent’s Rally Persists as Games Drive Earnings Tencent Holdings Ltd. is riding a renewed wave of investor confidence, with its shares rallying in a market wary of concentration in technology stocks and a potential bubble in the artificial intelligence trade. The Chinese tech giant, long viewed as a barometer for the health of the sector,…
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SoftBank Sells Nvidia Stake for $5.8 Billion in Surprise Move
SoftBank Exits Nvidia Stake in a Major Posture Shift In a move that surprised technology and investment circles, SoftBank Group Corp. has agreed to sell its stake in Nvidia for roughly $5.8 billion. The sale marks a significant strategic adjustment for SoftBank as the company weighs its portfolio balance, capital allocation priorities, and exposure to…
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AI Stocks Lead Wall Street Rebound as Nvidia and Palantir Surge
AI Stocks Drive a Wall Street Rebound The stock market staged a comeback as AI-focused companies helped lift major indices. The S&P 500 rose about 1.3% mid-session, clawing back roughly three-quarters of last week’s declines, which ended a four-week losing streak. Traders pointed to fresh gains in key tech names and renewed optimism around artificial…