More swings hit Wall Street
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Wall Street is rushing to raise price targets on NVIDIA
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There is no doubt that semiconductor stocks have been some of the most direct beneficiaries of the artificial intelligence (AI) revolution. While Nvidia has claimed the top spot in the chip realm, peers such as Broadcom and Taiwan Semiconductor Manufacturing have also earned positions in the trillion-dollar club thanks to AI-driven tailwinds.
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Wall Street eyes a possible culprit in this week’s head-spinning stock market reversal: Bitcoin
Market veteran Ed Yardeni, cited these factors in a note late Thursday along with the selloff in the world’s leading cryptocurrency. “We attribute some of today’s stock mark
Soaring investment in artificial intelligence has triggered warnings about a risky financial bubble. These charts show reasons to be calm — or concerned.
As Wall Street’s biggest firms tout the many ways artificial intelligence is making their employees better, from tellers helping customers with account issues to investment bankers arranging multibillion-dollar deals,
Shares have lost gains from a September AI-fueled pop, and the company’s debt load is growing.
Management expects its 2025 revenue to total just $2.5 million. However, once all 2,000 robots are operating in the Uber Eats network in 2026, it believes its annual revenue could increase tenfold to $25 million. Serve's losses are much easier to stomach with that kind of growth in the pipeline, but there is little room for error.
With the Dow closing down nearly 500 points Tuesday and the S&P logging its longest slide since August, experts are pointing to concerns over an AI bubble. NBC’s Brian Cheung joins TODAY to break it all down.