Memory Chip Shares Fall More Than 50% From June Peaks
Bank of America says the retreat in memory-chip shares is sharper than industry fundamentals warrant and expects pricing and margins to remain supportive through 2028.
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S&P 500's march to 8,000 hinges on 'very, very strong' third quarter
S&P 500 earnings growth ex-tech, energy slows to 5%, HSBC estimates Most S&P 500 components trade below 50-day moving averages Citigroup dropped its "overweight" US equities call By Shashwat Chauhan and Niket Nishant Oct 15 (Reuters) — The S&P 500 has been a stone's throw away from 8,000 points since its midsummer rall
The Stock Market's AI Rally Faces 3 Big Problems All at the Same Time -- Barrons.com
By Callum Keown After the Lord Mayor's show comes the garbage truck, as the British idiom goes. The stock market feels a bit rubbish this morning after yesterday's record-setting spectacle. The S&P 500 was set to open lower Wednesday after closing at a record high. Artificial-intelligence stocks and chip names were tak