The S&P 500’s strong overall performance reflects its heavy weighting at the top. Under the surface, more than a third of the index’s stocks are down at least 20% from their 52-week highs.

For a while, utilities were that sneaky play on AI. A picks-and-shovels provider, if you will. Especially great for income investors.

Retail traders are piling into AI bets like chips and neoclouds at a moment when big money investors are playing defense.

Real estate stocks surged as odds of a rate hike in the October 27–28 Federal Open Market Committee meeting fell further. According to the CME FedWatch tool, the probability of a 25-basis-point rate hike decreased to 15.

Inflation running at 3.7% and energy costs jumping, with gasoline up 34% and fuel oil up 72%, has turned the usual script on its head. Some businesses now face tighter margins while certain producers see stronger pricing power,

Top AI and semiconductor stocks have lost over $1 trillion in value this week amid worries about valuations, competition, and higher interest rates.

A deepening selloff in US technology stocks is exposing a new vulnerability in Asia’s artificial intelligence trade: mounting financing costs could choke off the spending needed to sustain the boom, threatening earnings across a supply chain that has powered the region’s stock-market rally.

Tech stocks plunged, led by a steep drop in South Korea’s benchmark index, as concerns over soaring A.I. spending and stubborn inflation fueled a sell-off.

Thinking of buying the dip in technology stocks? The Nasdaq Composite’s technical outlook suggests don’t do it — at least not yet.