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BusinessTrending
Nasdaq futures rose Monday as investors bought the dip in AI stocks following a significant weekly decline. The rebound comes ahead of major earnings reports from companies like Meta and Tesla.
Global tech stocks fell sharply as investors reacted to rising inflation data and concerns over heavy debt in AI infrastructure companies. The Nasdaq dropped 2.1%, while Asian markets saw significant declines.
BusinessTrending
US stocks fell Friday amid concerns over AI-related debt and a surge in oil prices. The Nasdaq dropped 2%, while Brent crude touched $110 per barrel.
CoreWeave stock fell 16% amid investor fears over heavy AI infrastructure borrowing, with bond yields approaching 15%. The selloff spread to other tech firms, including Oracle and Nebius.
