Wall Street fear gauge jumps most since ’Liberation Day’ as AI trade stumbles

More in Finance

• Gathering AI storm clouds doom tech stocks to darkest day in a year

  Democratic midterm election victories triggered fresh political uncertainty around artificial intelligence infrastructure expansion, leaving the Nasdaq 100 facing more than $2 trillion in market-value losses. Heightened regulatory concerns compounded existing market anxieties regarding elevated interest rates and questionable returns on heavy capital spending. Consequently, the rout battered hardware manufacturers, specialized cloud providers, and utility operators tied to power-intensive server facilities.

  3 min read
• As Nvidia’s stock heads for a bear market, bargain hunters see a golden buying opportunity

  Investors tracking the semiconductor sector are closely monitoring the current downward trajectory of the chipmaker's shares. A sustained retreat from recent highs threatens to push the valuation into bear market territory. Market participants must assess whether this decline represents an entry point or further exposure to risk.

  1 min read
• We're dipping into our large cash pile to buy this bank on Thursday's sell-off

  Jim Cramer's Charitable Trust seized on a 7% market retreat to increase its stake in Goldman Sachs, using its mid-teens cash reserves to secure a discounted entry. Market worries that data center pushback could hinder future artificial intelligence offerings triggered the financial giant's drop. Portfolio managers capitalized on the weakness, betting that the firm's trading divisions and solid shareholder capital returns remain undervalued.

  1 min read