Anthropic’s More Than $20 Billion Funding to Close as Soon as Next Week
Anthropic PBC is ironing out the final details on a funding round likely to raise more than $20 billion and slated to close as soon as next week, according to people familiar with the matter. The OpenAI rival was initially seeking $10 billion but is now on track...
A Tech Bust Gave Way to a Broader Rally. What Comes Next Could Be Ugly.
Buy the dip? For most of the past week, that referred almost entirely to the salsa, guacamole, and blue cheese dressing for Super Bowl snacks. For stocks, cryptocurrencies, precious metals, and other risky assets, investors were more inclined to sell first and ask...
The Stock Market Just Got Shaky. Where to Find Solid Ground.
Boring companies look a lot more interesting after an AI-driven rout in highflying tech shares. Boring is back. In recent days, software stocks and other risky assets have been mowed down by artificial intelligence, but stodgier stocks are springing up to replace them...
Stocks Roar Back as Beaten-Down Tech Sector Rebounds
The S&P 500 Index ($SPX) (SPY) on Friday closed up +1.97%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +2.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.15%. March E-mini S&P futures (ESH26) rose +1.92%, and March E-mini Nasdaq futures...
US Equity Indexes Close Mixed This Week as Value Investing Style Takes Leadership From Technology
US equity indexes were mixed this week, with the Dow Jones Industrial Average surpassing the 50,000 mark for the first time, as leadership broadened to old economy and value-oriented sectors while artificial intelligence proved be a foe rather than a friend for...
The Road to Dow 50000 Was Perilous. What’s Next Could be Rockier.
A fast-innovating American economy. Massive companies consolidating power. Monetary and trade policy shifting beneath nervous investors’ feet. It wasn’t February 2026, but May 1900. Railroads and industry had redrawn the country’s financial map and pushed Charles Dow...
Stock market today: Dow closes above 50,000 for the first time as stocks soar to cap volatile week
US stocks rebounded on Friday from a weeklong tech bruising as Wall Street reassessed worries about the impact of AI disruption and the risks of hefty Big Tech spending. The Dow Jones Industrial Average (^DJI) led the way higher, surging by about 2.5%, or more than...
Ominous ‘Hindenburg Omen’ spotted in U.S. stock market. It could signal more pain ahead for investors.
The U.S. stock market sent an ominous signal this week that could indicate more pain ahead for investors despite Friday’s strong stock-market rebound. Stocks trading on the New York Stock Exchange issued the third “Hindenburg Omen” over the past six days on Thursday,...
A $680 Billion Headwind Faces These 4 Tech Stocks. Should You Sell Them Now?
Not long ago, Michael Burry became bearish on the AI trade. In fact, he called some of the biggest names frauds, referring to their accounting practices. Morgan Stanley has now come out with a warning: the huge investments in AI could result in higher-than-anticipated...
Vanguard Drops Average Fee to Just 0.06% With Latest Cuts
Vanguard Group has unleashed another round of fee cuts across its lineup of mutual funds and exchange-traded funds, further tightening the screws on an industry already known for its low costs. The Jack Bogle-founded asset manager, which oversees about $12 trillion,...
AI Leads Family Office Investment Themes, JPMorgan Says
Artificial intelligence tops the investment priority list for family offices globally, a survey from JPMorgan Chase & Co.’s private bank shows, though allocations lag and remain concentrated in public equities. Of the 333 single family offices surveyed from 30...
Nvidia CEO Says New OpenAI Investment May Be Largest Yet
Nvidia Corp. Chief Executive Officer Jensen Huang said the company will be participating in OpenAI’s latest funding round, describing it as potentially “the largest investment we’ve ever made.” “We will invest a great deal of money,” Huang told reporters while...
Crowded Wall Street Trades Buckle All at Once in 2026 Warning
In a Wall Street era marked by investor crowding and retail momentum, this week showed how quickly conviction can evaporate. Trillions of dollars swung at a rapid clip as the most popular trades stumbled, with heavy positioning leaving little room for error. Precious...
Bitcoin Stuck in a Rut After Warsh Pick as ETFs Shed Billions
Bitcoin traded near two-month lows after Donald Trump named Kevin Warsh as the next Federal Reserve chair — a choice that did little to lift sentiment in a market already under pressure from persistent ETF outflows. The largest cryptocurrency dropped as much as 4% to...
