Shares of Microsoft plunged 12% and software stocks hit a bear market. The S&P 500 edged back from 7,000 as AI spending fears ...
Major equities indexes fell Thursday, pulled lower by shares of Microsoft and software stocks, as investors mulled a flurry ...
NEW YORK, Dec 29 (Reuters) – Wall Street‘s main indexes ended lower on Monday, kicking off the final week of the year on a softer note, as heavyweight technology stocks retreated from last week’s ...
All seven of the giant tech stocks known as the Magnificent Seven fell at least 1% Tuesday. That was the first time that has ...
NEW YORK -- Losses for several banks and Big Tech stocks pulled indexes lower on Wednesday, even though the majority of stocks on Wall Street rose. The S&P 500 slipped 0.5% for its second ...
As high-priced software firms face tighter competition and slowing growth, is the recent plunge in global tech stocks truly an AI shock or just a correction catching up with fundamentals?