Latest / US News Today | 2 Min News | The Daily News Now!
AI Stocks Cool as Earnings Surge | US News
The market took a sharp turn Friday as tech stocks, especially AI-driven semiconductors, plunged amid growing concerns about overheated valuations and slowing spending. While the energy sector rallied on rising oil prices, earnings season kicked off strong—with most companies beating estimates and S&P 500 growth forecasts climbing. Uber’s stock tumbled after a $15B acquisition, and Intuitive Surgical slid after warning of care delays. Consumer sentiment hit a five-month high, but housing starts dipped slightly and industrial output barely ticked up. Listen in comfort:Get a discount on a Soli…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.