Wall Street, stocks
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Wall Street, Asia
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The Cboe Volatility Index, better known as the VIX or Wall Street's "fear gauge," is on the rise once again on Thursday with stocks headed for another tech-driven selloff. The fear gauge was up 11% in recent trade at 19.
Turbulence in technology stocks could ratchet higher in the coming week as investors react to the quarterly report from Nvidia Corp , the world's largest company by market value that is at the heart of Wall Street's artificial intelligence trade.
The president is hosting some of the nation's top financiers for a White House dinner Wednesday as part of his effort to bring manufacturing back home.
Wall Street is bracing for more volatility on Friday, with the equity market's main "fear gauge" climbing to one of its highest levels in the past three months. The Cboe Volatility Index was up about 12% on Friday morning,
Questions have been rising about whether such AI superstar stocks can add more to their already spectacular gains.
All month, investors have been rotating out of this year’s hottest tech stocks into less favored sectors. That trend was still in place to an extent on Thursday. But weakness was also more broad-based,
The government reopening spells the return of official data releases closely watched by the Fed and Wall Street.
Quantum computing pure-play stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have soared between 260% and 2,710% over the trailing year. By one estimate, quantum computers can create $450 billion to $850 billion in global economic value by 2040, which partially explains the hype behind these stocks.