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JPMorgan U.S. Momentum Factor ETF (JMOM) Targets $90 Milestone Amid Technology Concentration

JPMorgan U.S. Momentum Factor ETF (JMOM) Targets $90 Milestone Amid Technology Concentration

JPMorgan U.S. Momentum Factor ETF (JMOM) Targets $90 Milestone Amid Technology Concentration

Nasdaq Composite Enters Correction Territory Amid Tech Stock Sell-Off

Nasdaq Composite Enters Correction Territory Amid Tech Stock Sell-Off

Nasdaq Composite Enters Correction Territory Amid Tech Stock Sell-Off

Anthropic sets modest $1 trillion IPO valuation target in test of Wall Street's AI fervor

Anthropic sets modest $1 trillion IPO valuation target in test of Wall Street's AI fervor

By Echo Wang Nov 10 (Reuters) - Anthropic is targeting a valuation of up to $1.02 trillion in its landmark U.S. IPO, its filing showed on Tuesday, well short of the previously discussed amount in the latest sign of cooling investor appetite for AI.

Wall St futures rally on bargain-hunting, but Nvidia clouds outlook

Wall St futures rally on bargain-hunting, but Nvidia clouds outlook

By Niket Nishant and Utkarsh Hathi Nov 9 (Reuters) - US stock index futures attempted a recovery on Monday as investors hunted for bargains following a steep slide in equities last week, and awaited more clarity on the controversy surrounding Nvidia CEO Jensen Huang.

Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks

Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks

Nov 9 (Reuters) - Wall Street brokerages including Morgan Stanley and UBS called last week's rout in the AI trade overdone, arguing that the risks of extreme regulation of data center developments under a Democrat-controlled Congress are unlikely to play out.

Dow Jones Industrial Average Surges Over 1,100 Points Amidst Declining Oil Prices and Tech Rebound

Dow Jones Industrial Average Surges Over 1,100 Points Amidst Declining Oil Prices and Tech Rebound

Dow Jones Industrial Average Surges Over 1,100 Points Amidst Declining Oil Prices and Tech Rebound

Nasdaq Composite Declines 3.4% as AI Stocks Slide and Financing Costs Rise

Nasdaq Composite Declines 3.4% as AI Stocks Slide and Financing Costs Rise

Nasdaq Composite Declines 3.4% as AI Stocks Slide and Financing Costs Rise

Jefferies Warns of Potential Peak in AI Investment Cycle, Raises India Allocation

Jefferies Warns of Potential Peak in AI Investment Cycle, Raises India Allocation

Jefferies Warns of Potential Peak in AI Investment Cycle, Raises India Allocation

Exclusive-Anthropic IPO to raise as much as $64.4 billion, latest draft prospectus shows

Exclusive-Anthropic IPO to raise as much as $64.4 billion, latest draft prospectus shows

By Echo Wang Nov 10 (Reuters) - Anthropic's IPO is set to raise as much as $64.4 billion, according to the latest draft prospectus seen by Reuters on Tuesday, as the AI company gears up to launch its marketing of the much-awaited deal.

Wall St set to open higher after last week's AI rout; Nvidia down

Wall St set to open higher after last week's AI rout; Nvidia down

By Niket Nishant and Utkarsh Hathi Nov 9 (Reuters) - Wall Street's main indexes were poised to open higher on Monday, as investors attempted to shake off last week's AI anxieties while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.

AI Chip Stocks Rebound After Global Rout, Investors Question Market Stability

AI Chip Stocks Rebound After Global Rout, Investors Question Market Stability

AI Chip Stocks Rebound After Global Rout, Investors Question Market Stability

Anthropic IPO to raise up to $64.4 billion as AI boom faces growing scrutiny

Anthropic IPO to raise up to $64.4 billion as AI boom faces growing scrutiny

By Echo Wang Nov 10 (Reuters) - Anthropic's IPO is set to raise as much as $64.4 billion, a regulatory filing showed on Tuesday, in a landmark listing that will offer the first public-market test of the valuations, growth prospects and risks of frontier AI companies.