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Markets have been lashed between disruptions in the Strait of Hormuz and anxiety about massive corporate investments in artificial intelligence.
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McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
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The grouping of companies called the Magnificent Seven just did something that they haven't since the introduction of ChatGPT sent the market into an artificial intelligence-sparked frenzy.
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Scott Bessent's yen intervention signals new era of US ‘currency activism' Financial TimesA Currency Trader at Heart, Bessent Bets on Japan's Yen The New York TimesU.S. dollar weakens sharply against the Japanese yen after market interventions NPRThe message beneath the yen intervention AxiosUS and Japan take action to prop up yen in rare joint move BBC
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The film had 165 brands riding along its success. The smartest one spent almost nothing, and you can copy it.
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Citadel Securities strategist Scott Rubner said markets have gotten a "technical reset" and is ready to recommend buying stocks again.
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Wall Street rallies, Dow closes at record on Iran talks optimism ReutersDow surges nearly 700 points for record close as Big Tech stocks rise, oil prices slide CNBCUS stocks rally near a record as falling oil prices ease Wall Street's worries about inflation AP NewsStock Market Today: Dow Jumps 500 Points; Oil Prices Slide; U.S.-Japan Prop Up Yen — Live Updates WSJ
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Goldman Sachs says hot technology stocks have taken a beating — and investors should take a fresh look.
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