Wall Street

The AI stocks sell-off have sparked a rotation into defensive sectors such as healthcare on Thursday

Chips drop after FT report that OpenAI overstated revenues

Optimism around the AI trade and expectations of strong corporate earnings have helped lift US stocks lately

Annual earnings would comfortably surpass last year’s record of US$65.1 billion, according to a report

WALL Street’s main indexes opened higher on Friday (Oct 2), as a softer-than-expected jobs report deepened prospects of an unchanged US rate this month, leading to a bigger drop in Treasury yields, wh...

The decline for the S&P 500 is its largest daily percentage drop since Aug 20

Fears about the flow of money slowing down are most apparent in semiconductor stocks

But inflation worries driven by prolonged conflicts and soaring government debt are capping the optimism

[NEW YORK] Wall Street’s main stock indexes opened lower on Thursday (Sep 24) as simmering Middle East tensions lifted oil prices and Treasury yields.