Stocks wind up mixed on Wall Street
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The upcoming week marks the four-year anniversary of Rivian Automotive's (RIVN) IPO and its first week share price boom. The electric vehicle maker went public at an initial price of $78 per share after selling 153 million shares to raise about $12 billion.
New York City's CEOs and other billionaires spent more than $40 million trying to defeat the mayor-elect. Now they have to live with him.
If he really believes this, then the GOP is heading for bigger problems in 2026," warned the conservative newspaper's editorial board.
Investors are demanding proof that heavy AI-related capital spending will translate into profits, as seen with UBER, DASH, META, and GOOG. Bitcoin's recent volatility reflects shifting risk appetite, while upcoming earnings from CRWV, DIS, BABA, and TSN will offer further economic insights.
Wall Street chief executives said investors should brace for an equity market drop of more than 10% in the next 12 to 24 months, and that such a correction may be a positive development.
2don MSN
The People Who Know Nvidia and Palantir Best Have Issued a $9.3 Billion Warning to Wall Street
Though artificial intelligence (AI) stocks Nvidia and Palantir Technologies appear unstoppable, their insiders are painting a very different picture.
Stocks gained ground on Wall Street following several upbeat economic updates and a steady flow of quarterly reports from U.S. companies.
Nvidia (NVDA) CEO Jensen Huang clarifies his stance on the AI race, emphasizing America's need to lead global AI development. AI leaders at the Future of AI Summit agree Artificial General Intelligence will emerge gradually, with current AI already augmenting human labor.
Data storage is an important part of AI. That’s why Western Digital and Seagate are among the top gainers in the S&P 500 this year.
U.S. stocks closed in negative territory on Thursday, with a resumption of Tuesday's tech selloff as investors contended with mounting economic uncertainty and stretched valuations.
AI needs help to become a passable investment banker. Here's how much companies are paying those who train it.