The Nasdaq 100 Index is poised to enter a correction phase as concerns over the ultimate returns on AI investments are weakening market sentiment toward the tech giants that have driven this year's stock market gains. On Tuesday, the Nasdaq 100 Index dropped 1.6% and is likely to enter a correction at the close (typically defined as a decline of at least 10% from its recent peak). This time, the index reached this technical threshold in just 38 trading days—a stark contrast to the previous corr

Since SpaceX’s stock price peaked in June, Elon Musk’s wealth has lost about 65 billion dollars as both Tesla and SpaceX shares continue to decline. However, even after the sharp drop, Musk’s net worth still exceeds 70 billion dollars. Investors remain focused on whether AI-driven growth can sustain these high valuations.

US Stocks Move | Boeing (BA.US) rises nearly 5% as free cash flow beats expectations

U.S. stocks move: Popular chip stocks mostly decline; SanDisk (SNDK.US) drops over 17%, with market value shrinking by more than 50% this month

Spot gold has just broken through the $4,020.00/ounce mark, now trading at $4,019.88/ounce, down 1.39% on the day; COMEX gold futures main contract is now quoted at $4,020.10/ounce, down 1.40% on the day.