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The Marked Chart Wire · Markets
Markets
BNY Mellon posted adjusted earnings of $2.37 per share for the third quarter, surpassing the $2.27 forecast. Total sales climbed 12% to $5.68 billion, while net income jumped 20% to $1.61 billion.
AI Spending
Tech stocks declined as investors questioned the return on artificial intelligence infrastructure spending, marking the index's weakest session in four months.
Markets
Investors are shifting capital away from artificial intelligence equities toward defensive holdings amid concerns about funding sustainability.
Berkshire Hathaway
Berkshire Hathaway stock has recovered all losses following Warren Buffett's 2025 announcement of his CEO departure, hitting record levels after nearly 18 months.
Market Bubble
Citadel founder Ken Griffin stated in an interview that the current market environment is almost certainly a bubble. He did not provide specific data or forecasts on when a correction might occur.
AI Selloff
Stock indexes fell on Friday, though the recent decline in AI-related shares slowed its pace.
AI Stocks
The tech-heavy index dropped 0.8 percent this week, falling 7.3 percent from its monthly high. Bond buying pushed the 10-year yield under 5 percent, while Meta shares slid over 9 percent on infrastructure cost worries.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.