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Wall Street Set For Red Start? High Yields Among Three Reasons Pushing S&P 500, Dow Futures Lower

The Dow Jones Industrial Average futures were down 0.13% to $51,407, while the Nasdaq Composite Index declined 0.25% to $30,985.25 while S&P 500 Futures reduced 0.17% to $7,764.25.

Michael Burry urges Wall Street to block OpenAI, Anthropic IPOs, warns of ‘trillions’

Michael Burry has voiced his skepticism about the upcoming IPOs of AI firms OpenAI and Anthropic, warning that these public offerings could trigger severe financial setbacks and erosion of capital. He contends that the level of funding for these companies does not match their established fiscal stability. Burry's…

Wall Street’s $10B India hospital bet stirs bill fight

Global Market: Japan’s Nikkei jumps 2.5% to 3-month high as AI stocks rally

Japan’s Nikkei surged 2.53% to a three-month high, led by AI and chip stocks following Wall Street gains. Advantest and Tokyo Electron rallied, while SoftBank also advanced. Easing expectations for a Federal Reserve rate hike supported sentiment, though investors remained selective amid a more cautious outlook for the…

White House AI task force will prevent 'overregulation': WSJ report

A White House task force on artificial intelligence will assess the technology's risks and opportunities, while preventing overregulation that stifles innovation, its leader Jay Clayton has told the Wall Street Journal. The task force's charter states that it will "develop plans for responding to SI-enabled threats to…

Nvidia's bet that its chips can finance the AI boom gets a Wall Street reality check

By Saeed Azhar, Max A.- Nvidia's mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infrastructure around them are worth.