Reality check for AI sends markets lower

Reality check for AI sends markets lower

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Tech slips but broader markets hold up

Major stock indices ended mostly lower after a two‑day rally. In the US, the Information Technology sector fell nearly 2%, weighed down by a 5.5% drop in Nvidia shares. In contrast, the equally weighted S&P 500 gained 0.6%. Treasury prices and gold edged higher as investors sough ...  Show more

Nvidia delivers, but not enough for euphoria

Nvidia delivered results yesterday that beat analysts’ expectations but failed to cause more than a brief rally in extended trading. Nevertheless, US indices ended the day higher, with the Nasdaq Composite closing up 1.26%, and Asia’s tech-biased indices following suit. The Nikke ...  Show more

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