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The Marked Chart Wire · Markets
AI Spending
Shares in the region fell on Monday amid doubts about the longevity of artificial intelligence investment. Market participants are bracing for a busy schedule of corporate results and monetary policy updates.
AI Spending
Tech stocks declined as investors questioned the return on artificial intelligence infrastructure spending, marking the index's weakest session in four months.
AI Spending
Tech shares fell on concerns about artificial intelligence spending. Gene Munster maintains the AI revolution is in its early stages and expects Meta to reshape commerce.
Fed
U.S. stock index futures edged higher on Sunday evening following a week of significant declines in technology stocks. Investors are now focused on the upcoming Federal Reserve meeting and major corporate earnings reports.
Market Technicals
Major US stock indexes are trading below critical support lines, while non-AI equities show buy signals. Microsoft, Google, and Amazon are highlighted as upcoming catalysts.
Markets
Torsten Slok of Apollo argues that artificial intelligence has provided no financial return to companies outside the technology sector. He notes the performance gap between the Magnificent Seven and the rest of the S&P 500 is widening.
Market Outlook
Michael Burry noted the S&P 500 resembles the 2000 market and suggested that stocks falling from highs could outperform if a bear market begins.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.