Wall Street gave up early gains on Wednesday as tech stocks tumbled under renewed pressure, dragging the Nasdaq into the red. Markets are treading cautiously ahead of Jerome Powell’s Jackson Hole speech, while Fed minutes revealed increasing internal discord.
The technology sector is currently experiencing a significant and persistent sell-off, dragging down major market indices like the Nasdaq Composite and S&P 500 for the second consecutive day. This downturn, particularly pronounced around August 19-20, 2025, has instilled a palpable sense of anxiety among investors, who are re-evaluating growth
A number of stocks fell in the afternoon session after the major indices continued to pull back, with technology stocks accounting for most of the market's largest decliners. A key reason for this trend is that much of the recent market gains were concentrated in the "AI trade," which includes these large technology and semiconductor companies. So this could also mean that some investors are locking in some gains ahead of more definitive feedback from the Fed.
The financial markets are currently gripped by a phenomenon dubbed "AI Mania," a fervent investor enthusiasm for artificial intelligence technology that has sent the valuations of related companies soaring to unprecedented heights. This surge, reminiscent of past speculative bubbles, has profound implications for public companies, creating both immense opportunities for
Target shares plummeted 8% by Wednesday’s midday session after the company announced that CEO Brian Cornell will step down in February 2026 after 12 years at the helm.
As the US market prepares to open on Wednesday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Micron Technology (MU) offers strong growth potential with solid fundamentals and fair valuation, making it an attractive pick for affordable growth investors.
The global financial landscape is currently grappling with the profound and multifaceted impact of escalating import tariffs, a policy tool increasingly wielded by nations to protect domestic industries and address trade imbalances. These duties are sending ripple effects across various sectors, most notably the critical semiconductor industry, and are significantly
Curious about the top performers within the S&P500 index in the middle of the day on Friday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Friday. Stay informed about the latest market trends.
