Archive: https://archive.today/YSzBT
From the post:
>U.S. equities fell for another day on Thursday as investors took a risk-off stance, leading popular trades in technology and bitcoin
to unravel.
The Dow Jones Industrial Average
shed 481 points, or 1%. The S&P 500
lost 1%, landing in negative territory for the year, while the Nasdaq Composite
declined 1.2%. The 30-stock Dow was down nearly 700 points, or about 1.4%, at session lows, while the broad market S&P 500 and Nasdaq dropped 1.5% and 1.9%, respectively.
Alphabet
was the latest of the “Magnificent Seven” companies to report earnings results. The company projected a sharp increase in artificial intelligence spending that spooked some investors, calling for 2026 capital expenditures of up to $185 billion. Shares were last down 1%. However, shares of Broadcom
jumped 2% following news of Alphabet’s spending plans, offering some hope for the artificial intelligence trade as the market deciphers its winners and losers.
Archive: https://archive.today/YSzBT
From the post:
>>U.S. equities fell for another day on Thursday as investors took a risk-off stance, leading popular trades in technology and bitcoin
to unravel.
The Dow Jones Industrial Average
shed 481 points, or 1%. The S&P 500
lost 1%, landing in negative territory for the year, while the Nasdaq Composite
declined 1.2%. The 30-stock Dow was down nearly 700 points, or about 1.4%, at session lows, while the broad market S&P 500 and Nasdaq dropped 1.5% and 1.9%, respectively.
Alphabet
was the latest of the “Magnificent Seven” companies to report earnings results. The company projected a sharp increase in artificial intelligence spending that spooked some investors, calling for 2026 capital expenditures of up to $185 billion. Shares were last down 1%. However, shares of Broadcom
jumped 2% following news of Alphabet’s spending plans, offering some hope for the artificial intelligence trade as the market deciphers its winners and losers.
(post is archived)