Henry Blodget on AI Mania: Echoes of the Dot-Com Bubble, With Key Differences Trade negotiations between the U.S. and China looked promising—until headlines hit that Beijing accused Nvidia of antitrust violations. That makes Nvidia a fitting case study for today’s hot-button market debate: is the AI-driven rally another bubble in...
Stocks at Record Highs Face Risks from Slowing Economy and Fading AI Momentum Wall Street posted a bullish trifecta on Thursday, with the Dow +1.36%, S&P 500 +0.85%, and Nasdaq +0.72% all closing at fresh record highs. But as history shows, peaks are often followed by painful pullbacks. Peter Berezin,...
Tesla’s Market Share Sinks as Sales Lose Momentum Tesla Inc.’s share of the U.S. electric vehicle market slid to an all-time low in August, highlighting how quickly the company’s dominance is eroding. According to Cox Automotive, Tesla controlled just 38% of the U.S. EV market last month, down from 42%...
Eightco Holdings’ 3,000% Rally Sparks “Market Madness” Warnings Shares of Eightco Holdings (OCTO) exploded from $1.45 to $45.08 on Monday, a staggering 3,009% surge, after announcing a $250 million investment in Sam Altman’s cryptocurrency Worldcoin. The move also saw Wedbush tech analyst Dan Ives named chairman, while BitMine (BMNR) —...
Goldman Sachs: AI Trade Unwind Poses Biggest Risk to Markets Markets wobbled after Friday’s weak jobs report, but the S&P 500 held near record highs. Investors are betting the Fed’s rate cuts will offset slowing growth and keep the economy out of recession. Goldman Sachs, led by David Kostin, now...
Wall Street May Be Missing Nvidia’s Data-Center Potential, Analyst Warns Nvidia narrowly avoided a sixth straight decline on Thursday, but its stock is still 7% below recent highs. Tech analyst and I/O Fund CEO Beth Kindig argues investors are missing the bigger picture. While second-quarter results looked soft, Kindig highlights...
