Wall Street slips
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Asian markets sank on Thursday (Dec 18) after another sell-off on Wall Street as worries over the tech sector's colossal spending on artificial intelligence continued to dog investor sentiment.Hopes f
Rising depreciation expenses from the data center binge is a major worry. Alphabet, Microsoft and Meta combined for about $10 billion in depreciation costs in the final quarter of 2023. The figure rose to nearly $22 billion in the quarter that just ended in September. And it’s expected to be about $30 billion by this time next year.
Microsoft reports strong adoption of its generative AI copilots, and its cloud computing unit, Azure, plans to double its data center footprint in the next two years.
Wall Street analysts expect another strong year in stocks in 2026, propelled by continued AI sector gains and additional Fed interest-rate cuts.
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Why Wall Street Expects Micron to Crush Earnings Today — And Its Stock to Surge Again
Micron Technology (NASDAQ:MU) is scheduled to release its fiscal first-quarter earnings today after the market closes, and Wall Street is expecting nothing short of spectacular. It follows on the heels of an already impressive year that saw shares surge 176% in 2025,
While Nvidia and Broadcom are both benefiting from the AI boom, Wall Street sees one stock as a much better buy.
Wall Street has quietly become the financial engine behind America’s AI expansion, pouring massive amounts of money into giant data centers, power-hungry chip farms, and next-gen computing campuses. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how
Broadcom stock (NASDAQ: AVGO) has emerged as a rare consensus pick among major Wall Street houses for 2026. Bank of America, JPMorgan, and Jefferies all point to custom AI chips and high-speed networking as the company’s growth runway.
Wall Street got the rate cut it wanted. But with the Federal Reserve set to take a more cautious approach to trimming interest rates in 2026, investors are now left to wrestle with other concerns that had been put on the back burner while Fed rate cuts were top of mind.