BUSINESSWPLG LOCAL 10 MIAMI
Wall Street drifts as AI stocks hold steadier after last week’s losses
Wall Street ended mixed as AI-related stocks stabilized after recent losses, with the S&P 500 dipping 0.2% and the Dow Jones dropping 0.6%. Nvidia, Sandisk, and Advanced Micro Devices (AMD) showed gains, while concerns linger over AI investments' long-term profitability. Upcoming earnings reports from companies like Alphabet may provide clarity.
Mentioned
Related Signal
Adjacent reporting
- Wall Street steadies as AI stocks recover some of last week's sharp losses
- US stocks bounce as AI winners recover some of last week's sharp losses
- Slumping AI stocks overshadow gains for the rest of Wall Street, while oil prices drift
- Slumping AI stocks overshadow gains for the rest of Wall Street, while oil prices drift