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Wall Street's big but narrow rally: 4 in 10 S&P stocks are down this year

Wall Street's big but narrow rally: 4 in 10 S&P stocks are down this year

By Noel Randewich Oct 12 (Reuters) - The rally that has driven the S&P 500 up 14% this year to record highs is masking the fact that more than 4 in 10 stocks in the index are lower in 2026, as the gains are concentrated in a few chipmakers and other AI-related heavyweights.

Expeditors International and Johnson Controls Show Strong Performance Amidst Wall Street Skepticism

Expeditors International and Johnson Controls Show Strong Performance Amidst Wall Street Skepticism

Expeditors International and Johnson Controls Show Strong Performance Amidst Wall Street Skepticism

Blackstone President Jon Gray Differentiates Current AI Boom Valuations from 2000 Internet Bubble

Blackstone President Jon Gray Differentiates Current AI Boom Valuations from 2000 Internet Bubble

Blackstone President Jon Gray Differentiates Current AI Boom Valuations from 2000 Internet Bubble

Planet Fitness Stock Rebounds Amidst Analyst Confidence Despite AI Concerns

Planet Fitness Stock Rebounds Amidst Analyst Confidence Despite AI Concerns

Planet Fitness Stock Rebounds Amidst Analyst Confidence Despite AI Concerns

SentinelOne Reports Mixed Q2 Financial Results Amidst Cybersecurity Market Growth

SentinelOne Reports Mixed Q2 Financial Results Amidst Cybersecurity Market Growth

SentinelOne Reports Mixed Q2 Financial Results Amidst Cybersecurity Market Growth

Scaleway to build AMD-powered AI supercomputer in Sweden

Scaleway to build AMD-powered AI supercomputer in Sweden

By Leo Marchandon Oct 13 (Reuters) - Scaleway will build an AI supercomputer in Sweden, its first outside France, running on AI chips from AMD, the French cloud company said on Tuesday during its annual AI conference in Paris.

Global semiconductor stocks sell-off over AI boom worries pulls Asian shares lower

Global semiconductor stocks sell-off over AI boom worries pulls Asian shares lower

Global shares are mixed

Franklin Templeton CEO says AI is hiding a bigger tech story

Franklin Templeton CEO says AI is hiding a bigger tech story

The $1.8 trillion money manager's boss thinks investors may be crediting the wrong technology for today's gains.

Thoma Bravo-Backed BlueMatrix Acquires Aiera to Dominate AI-Driven Investment Research Infrastructure

Thoma Bravo-Backed BlueMatrix Acquires Aiera to Dominate AI-Driven Investment Research Infrastructure

Thoma Bravo-Backed BlueMatrix Acquires Aiera to Dominate AI-Driven Investment Research Infrastructure

Cathie Wood sells $15.8 million of popular semiconductor stock

Cathie Wood sells $15.8 million of popular semiconductor stock

Here are Cathie Wood’s latest moves.

Goldman Sachs resets Palantir Stock 12-month price target by 18%

Goldman Sachs resets Palantir Stock 12-month price target by 18%

Here’s what could happen to PLTR shares next.

OpenAI’s $20 billion revenue gap rattles the AI trade

OpenAI’s $20 billion revenue gap rattles the AI trade

A discrepancy in OpenAI’s numbers exposes a fragile AI assumption.