Wedbush: buy these two ‘still overvalued’ stocks amidst software rout
The software sector is currently weathering a violent storm, characterized by a rapid sell-off that some are calling a “SaaSapocalypse.” The panic intensified
Economy
Economy
How Apple defied the tech stocks’ rout as AI spending fears hit rivals
Tech stocks have struggled in recent days amid fears of overspending on artificial intelligence and a sharp selloff in software and semiconductor names.
Economy
Oil finds short-term support as oversupply eases, bearish risks linger
The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The
Gold
S&P 500, Nasdaq futures stabilize as tech selloff eases; Amazon sinks
US stock index futures steadied on Friday after a bruising selloff in technology shares earlier in the week, offering tentative signs that the
Gold
Boeing stock price eyes a rebound as a new $80 billion tailwind emerges
Boeing stock price has pulled back in the past few weeks, moving from the year-to-date high of $254 to the current $236. Still,
Gold
EU charges TikTok over addictive design under Digital Services Act
EU regulators on Friday accused TikTok of breaching the bloc’s online content rules, putting the video-sharing app at risk of having to redesign
Gold
Affirm stock price falls as credit losses jump: is it a good buy today?
Affirm stock price continued its recent downward trend after the company published its financial results on Thursday. AFRM moved to a low of
Gold
Global oil markets jittery over Hormuz risks, analysts eye $70 Brent
Oil prices, specifically Brent crude, could rise to $70 per barrel if tensions between the US and Iran escalated amid the ongoing talks
Gold
Inside Big Tech’s $700B AI spend in 2026: bullish leaders, split markets
The latest earnings season has revealed a dramatic turning point in the global technology industry. America’s largest technology companies have announced plans to
Gold
Argentina inflation data under scrutiny after statistics chief resigns
The sudden resignation of the head of Argentina’s statistics office this week revealed problems at the core of President Javier Milei’s economic plan,