Stock market today: Dow, S&P 500, Nasdaq gains fizzle to cap week of sharp losses as AI fears grow
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq gains fizzle to cap week of sharp losses as AI fears grow US stocks lost steam heading into the close on Friday to post weekly losses as Wall Street digested a cooler-than-expected inflation reading for a steer on the path of interest rates…
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Moderna reaffirmed expectation of 10% revenue growth in 2026.
80% confidenceInitial reactions to the AI disruption story may turn out to be overblown, since many industries and individual businesses could very well turn out to be AI beneficiaries in the long term.
80% confidenceRivian's R2 midsize model is on track for delivery before the summer.
80% confidenceNvidia shares have remained fairly range-bound since hitting an all-time high last October and are down around 1% for the year despite Big Tech's plans to balloon capital expenditures for AI build-outs.
80% confidenceHeadline energy costs fell 1.5% in January from the previous month and ticked down 0.1% from the previous year.
80% confidenceExplosive power demand from the data center buildout has sent electricity and utility gas energy costs soaring year-on-year.
80% confidenceWith the S&P 500 flattish for the year, the bull market has certainly paused and given way to a bull market in disruption hysteria.
80% confidenceGasoline prices dropped 3.2% month-on-month and 7.5% year-on-year. Fuel oil prices dropped 5.7% month-on-month.
80% confidenceCore CPI rose 0.3% month-on-month and 2.5% year-on-year in January.
80% confidenceConsumer prices increased 0.2% in January from the prior month and 2.4% on an annual basis.
80% confidenceElectricity prices shed 0.1% month-on-month, while utility gas services rose 1% month-on-month. Electricity and utility gas rose 6.3% and 9.8% year-on-year respectively.
80% confidenceIt is important for Congress to pass a bill creating federal rules for digital assets by Spring.
80% confidence
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| Coinbase Global · net income | -667 million_USD |
