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AI stock shock could spark broader gains in US market

A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares that has propelled the market higher. Tech stocks, led by megacap companies, have been the driving force of the current bull market. The S&P 500 tech sector has gained some 90% in the past two years, nearly doubling the gain for the overall benchmark index.

Best money market account rates today, January 29, 2025 (up to 4.75% APY)

Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.

Nvidia's stock rout is just the beginning of more pullbacks that could be multiple times larger, 'Black Swan' author says

Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever, amid panic over DeepSeek.

Apollo’s Wealthy Customers Want In on the Private Markets Boom

(Bloomberg) -- For years, the best opportunities in private markets were snapped up by institutional investors. Now, Apollo Global Management Inc. is helping the world’s ultra-wealthy get in on the action. Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials NYC Subway’s Most Dangerous Stations Are on Lexington Ave. LineHousing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersNewsom Enlists Magic Johnso

European shares hit record high as ASML lifts tech stocks

(Reuters) -European shares hit a record high on Wednesday, as chip equipment maker ASML led technology stocks higher after reporting strong quarterly results. The pan-European STOXX 600 was up 0.5%, as of 0923 GMT, rising past Tuesday's all-time high close. ASML's shares jumped 11.2% after the Dutch company reported better-than-expected fourth-quarter bookings of 7.09 billion euros ($7.39 billion).

Cumulative traffic to exchanges increased by 8% in October — report

Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting …

Norway $1.8 Trillion Fund Returns 13% on Tech Stocks Gains

(Bloomberg) -- Norway’s sovereign wealth fund last year returned 13%, or $222 billion, but missed its self-imposed target for the second year in a row despite gains from the booming US technology sector.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials NYC Subway’s Most Dangerous Stations Are on Lexington Ave. LineHousing Aid Uncertain After Trump’s Spending Freeze MemoTexas HOA Charged With Discrimination for Banning Section 8 RentersNewsom Enlists Magic Johnson,