Wall Street Chiefs Dine at White House
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The Cboe Volatility Index, better known as the VIX or Wall Street's "fear gauge," is on the rise once again on Thursday with stocks headed for another tech-driven selloff. The fear gauge was up 11% in recent trade at 19.
Wall Street was on track to open with gains as an end to the U.S. government shutdown appeared closer while technology stocks regained their footing after swinging wildly in recent days
The long-awaited bill is finally taking shape and traditional finance is calling it the biggest regulatory overhaul since Dodd-Frank.
Gene Munster thinks Wall Street isn't factoring in a few key developments as analysts prepare for the chip giant's Q3 earnings report on November 19.
Wall Street was set to open in the red on Thursday as investors awaited indications on the U.S. economy and the monetary policy path after President Donald Trump signed a bill ending the longest government shutdown in the country's history.
Alibaba reportedly preps revamp of AI app to resemble ChatGPT. China's Baidu sets stage for new AI chips at its annual tech event. Jobs, CPI reports for October may never be released - WH.
Stock futures have inched up following the market's worst day in over a month, erasing weeks of gains and pulling back from record highs.
Oracle has been hit harder than Big Tech rivals in the recent sell-off of tech stocks and bonds, as its vast borrowing to fund a pivot to artificial intelligence unnerved Wall Street. The US software giant founded by Larry Ellison has made a dramatic entrance to the AI race,