A wave of investor anxiety over artificial intelligence's disruptive potential sparked a broad market sell-off Thursday afternoon, dragging down major tech indices and highlighting the sector's heightened volatility.
A wave of investor anxiety over artificial intelligence's disruptive potential sparked a broad market sell-off Thursday afternoon, dragging down technology shares across the board. The S&P 500 Information Technology sector fell nearly 3%, with the 'Magnificent Seven' stocks all in the red as traders executed a 'basket-style' retreat from the sector.
Inheriting a home can be a bittersweet burden. For those who find themselves the unexpected owner of a property they don't want, experts outline the critical first moves—from renunciation to strategic selling—to navigate this complex emotional and financial landscape.
Sugar prices staged a sharp recovery on Tuesday, with benchmark futures contracts climbing over 3%, as a weakening U.S. dollar prompted traders to cover short positions. The rally comes after prices recently hit multi-year lows amid a bearish global surplus outlook.
In a massive overnight assault, Russia fired over 70 missiles and 450 drones at Ukrainian energy infrastructure, injuring civilians, just one day before diplomatic negotiations were set to resume in Abu Dhabi.
While major brands dominate tax season marketing, a lesser-known platform is gaining traction by offering the same final IRS outcome for complex returns at nearly 92% lower cost, challenging the notion that robust tax software must come with a premium price tag.
As the RBA's policy shift looms, a select group of ASX-listed growth companies are drawing investor attention not just for their prospects, but for the significant stakes held by their own executives and directors.
Wealth management platform Arax Investment Partners, backed by RedBird Capital, has acquired Cleveland-based GFP Private Wealth, a firm with $1.5 billion in assets under management led by CEO Carina Diamond, marking a strategic expansion in the competitive RIA consolidation landscape.
IBM shares have surged nearly 8% in the past month, closing at $314.73 and pushing its one-year return above 23%. But with conflicting fair value signals—one model flags it as overvalued while another suggests a 20% discount—investors are grappling with whether the rally has run ahead of fundamentals.
As the software sector slumps, Palantir's standout quarterly performance, fueled by tangible AI results, underscores a growing market divide and raises the bar for peers.
Ferrari's shares have retreated sharply in recent months, creating a valuation puzzle. While some models suggest the luxury automaker is significantly undervalued, its premium price-to-earnings multiple tells a more cautious story, raising questions about its growth trajectory and market sentiment.
SolarEdge Technologies (SEDG) is back on investors' radars following significant share price volatility. While recent weekly gains offer a glimmer of hope, they contrast sharply with a challenging longer-term performance and deep annual losses. Analysts are divided on whether the current valuation signals a buying opportunity or a value trap, as the company navigates policy shifts and fierce market competition.
Energizer Holdings (ENR) shares have rebounded over 12% in the past month, yet remain down sharply over longer horizons. A detailed analysis of its cash flows and valuation multiples suggests the battery and household products maker may be trading at a significant discount to its intrinsic value.
Shares of landscape services giant BrightView Holdings (BV) are trading near $13.80, presenting a conundrum for investors. While short-term momentum is positive, a significant divergence in valuation models—from a conservative $10.50 to a bullish $37.97—highlights the market's split view on the company's ability to convert cost savings and a strong backlog into sustained cash flow growth.
Shares of business intelligence firm Domo (DOMO) plunged more than 6% in afternoon trading, caught in a broader market retreat from traditional software stocks as investors shift capital toward companies seen as better positioned in the AI era.
Magnite (MGNI) shares plunged over 14% Thursday, caught in a broad market selloff triggered by Gartner's disappointing Q4 results, raising fresh concerns about digital advertising and IT services demand.
Saif al-Islam Gaddafi, the once-presumed successor to his father Muammar Gaddafi and a polarizing figure in Libya's post-revolution turmoil, has reportedly been shot dead in Zintan, according to local sources. His death marks a symbolic end to a lingering chapter of the country's conflict.
Charter Communications' Spectrum is rolling out a trio of major initiatives—including guaranteed response times and a new hybrid Wi-Fi product—in a bid to stem the loss of hundreds of thousands of internet subscribers, as competition from fixed wireless and fiber intensifies.
NXP Semiconductors surpassed Q4 revenue forecasts, fueled by a rebound in automotive and industrial demand. However, the chipmaker's strategic retreat from certain businesses and lingering market skepticism tempered the upbeat results, as shares dipped post-earnings.
At the FreightWaves F3 Festival, Echo Global Logistics' Christopher Clemmensen detailed how a shift to private ownership fuels long-term tech investment and a customer-driven strategy, helping shippers navigate trade shifts, labor shortages, and sustainability pressures.
