A major investor has switched focus from a retail giant to an AI company. This investor is known for making smart calls in the market. They recently sold a big chunk of their shares in a well-known online store. At the same time, they bought a lot of shares in a data analytics firm. The online stor
The stock market is ending the year on a down note. The Dow Jones Industrial Average is lower today. Investors are reacting to some big news from the FDA. This news has caused biotech stocks to drop. It's a reminder that the market can be unpredictable. The FDA's announcement has sent shockwaves th
The stock market is having a wild ride lately, and today is no different. Let's dive in and see what's shaking things up. First off, inflation numbers are looking a bit better, which has given stocks a little boost. Bond yields are dropping too. But don't get too excited—yesterday was rough, especi
Tech stocks in the US took a hit recently, with Oracle leading the drop. The company's shares fell sharply after its main financial backer, Blue Owl Capital, backed out of a major data center project in Michigan. This news sparked worries among investors about the huge amounts of money AI companies
The crypto world saw some wild swings recently, with BNB taking a noticeable dip. Over the last day, BNB dropped nearly 3%, landing around $844. This happened as bitcoin went on a rollercoaster ride and tech stocks in the U. S. started to look shaky. Earlier, BNB had climbed to $872 but couldn't ke
The U. S. stock market saw a bit of a slide on Friday, with tech stocks leading the way down. The S&P 500 dropped 0. 5% from its record high, while the Nasdaq composite fell 1%. This isn't great news for investors who've been riding the wave of AI hype. So, what's causing this downturn? Well, it se
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.
The excitement around AI has cooled down a bit. Not long ago, any news about OpenAI would make tech stocks jump. But now, investors are more cautious. They're not as quick to believe big promises in the AI world. Things got even more complicated when Time Magazine named a group of AI leaders as Per
BridgeBio Pharma, a biotech company focused on genetic diseases, has seen a remarkable surge in its stock price, reaching an all-time high of $75. 10. Over the past year, the stock has soared by 145%, catching the attention of both Wall Street and individual investors. The company's market value sta
Bitcoin has been a hot topic, but it's not the only way to invest. In fact, it might not even be the best way. Bitcoin doesn't pay dividends, and it's super volatile. That's why many investors are looking elsewhere for steady income and growth. Instead of putting all their money into crypto, some i
