Lately, there’s been a lot of chatter about the recent earnings reports and what they mean for the US stock market. It seems two major concerns are making waves: 1. Has the AI hype gone too far? 2. Will consumer spending slow down further? Even though profits are still solid overall, and banks are doing pretty well, these worries have knocked the stock market rally off its path. The Nasdaq 100 Index dipped 2.6% for its third straight weekly loss, especially aft...
1. Has the AI hype gone too far?
2. Will consumer spending slow down further?
Even though profits are still solid overall, and banks are doing pretty well, these worries have knocked the stock market rally off its path. The Nasdaq 100 Index dipped 2.6% for its third straight weekly loss, especially aft...
But that said, the S&P 500 and Nasdaq still declined last.
With 4 more "Magnificent 7" tech companies reporting this week, things will only get even more volatile.
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