Wall Street is feeling the heat as tech stocks, once the darlings of the market, are taking a nosedive. The S&P 500 dropped 1. 2% from its record high, while the tech-heavy Nasdaq composite fell 1. 8%. The Dow Jones Industrial Average wasn't spared either, shedding 266 points from its recent peak.
Wall Street is on the brink of achieving new highs, despite some setbacks. The S&P 500 is inching closer to its record high set in October, while the Dow Jones Industrial Average has surged by 664 points, or 1. 4%. However, the Nasdaq composite has taken a slight dip of 0. 2%, largely due to worries
Wall Street is stepping into the world of "degen" culture with a fresh investment product. VanEck, a well-known investment management firm, is rebranding its Gaming ETF to the VanEck Degen Economy ETF. This new fund, set to launch in April 2026, will track companies that thrive on digital trading, g
Wall Street has made a significant investment in Ripple, pouring in $500 million. This has boosted Ripple's value to $40 billion, a remarkable figure for a private cryptocurrency company. However, this investment comes with strings attached. Big investors like Citadel Securities and Fortress Investm
Wall Street had a week of ups and downs. After a rough November, the market bounced back, but not as strongly as the week before. Investors are hopeful that the Federal Reserve will cut interest rates again, which is a big deal for the economy. There's a lot of talk about jobs. Some reports say com
Wall Street is buzzing about Credo Technology, a company specializing in high-speed solutions. The excitement comes after Credo reported impressive results and guidance that surpassed expectations. The company's growth is fueled by a booming market for active electrical cables. Analysts are taking
Wally Amos, the man behind the Famous Amos cookies, had a life full of highs and lows. He started as an Air Force member and became the first Black talent agent at William Morris, representing big names like Paul Simon and Marvin Gaye. But he's most famous for his tiny, crispy chocolate chip cookies
Wall Street is diving headfirst into the crypto world. It's not just Bitcoin anymore. Big companies and hedge funds are putting serious cash into Ethereum, Solana, and other digital currencies. These are often called "altcoins. " The numbers are huge. Publicly traded firms have over $100 billion in
Wall Street took a hit on Friday, with tech stocks leading the way down. The Nasdaq is on track for its longest losing streak since April, and investors are getting nervous. The Federal Reserve has been sending mixed signals about interest rates, and that's got everyone on edge. The Fed's recent ta
Wall Street is going all-in on AI, and the big banks are leading the charge. JPMorgan Chase, for instance, has a massive technology budget of $18 billion, with a significant chunk dedicated to AI. The bank's CEO, Jamie Dimon, is a big fan of their generative AI suite, which has been rolled out to ov
