Wall Street faces fresh uncertainty over what Democratic control of Congress could mean for taxes, government spending and regulation.
Tech
Gathering AI storm clouds doom tech stocks to darkest day in a year
By Niket Nishant and Caroline Valetkevitch Nov 5 (Reuters) – Big tech stocks slumped Thursday, putting them on track for their biggest decline since
Stocks crater as midterms spur investor exodus from tech and AI
Tech-heavy Nasdaq plunges nearly 1,300 points as Wall Street weighs the impact of Democratic wins on the AI sector.
As chip stocks plummet, Apple quietly trims AI budget for employees
As chip stocks and others related to the AI trade drop, one major tech company has quietly cut its internal budget for employee AI
Tech stocks sell off amid worries AI data-center buildout will slow
Technology stocks were being pummeled Thursday as investors weighed the possibility that the Democratic sweep in the midterm elections will slow the buildout of
Tech stocks plunge on AI regulation fears
Poor results from micro chip maker Qualcomm and fears that a Democrat majority US Congress could tighten artificial intelligence (AI) regulations sparked a fresh
Micron Technology (MU) Stock Falls 9.4% Today
A 9.39% slide to $682.79 from a $753.53 open takes roughly $70 billion off a $772 billion memory giant in a single session. Moves
Intel and AMD stocks fall as tech selloff deepens; analysts assess outlook
The selloff is being driven by broader AI/data-center and memory-cost fears; AMD’s smaller PC exposure and tilt toward premium computers should cushion the memory-price
Stocks crater as investors recoil from tech companies
Tech-heavy Nasdaq plunges nearly 1,300 points as Wall Street weighs the impact of Democratic wins on the AI sector.
Micron Stock Plunges As Memory-Chip Shortages Cause Ripple Effects
Micron Technology stock fell Thursday as memory-chip shortages are having ripple effects across the tech sector.