Dossier
Jing Jie Yu
Coverage of Jing Jie Yu in the Nexus archive.
Micron Technologyorganization2Advanced Micro Devicesorganization2Coca-Colaorganization2Sherwin-Williamsorganization2Illinois Tool Worksorganization2SK Hynixorganization2Samsung Electronicsorganization2Morningstarorganization2Applied Materialsorganization1Nasdaq Compositeorganization1S&P 500organization1Chinaplace1Nvidiaorganization1Kospi indextopic1AI technologytopic1oil pricestopic1
- Wall Street's flip from AI stocks to elsewhere accelerates, while oil prices keep easing
Wall Street indices rose overall, with the S&P 500 up 0.3% and the Dow gaining 1.2%, but AI-related stocks like Micron Technology and AMD fell sharply due to concerns about AI growth sustainability and competition from China. Oil prices continued to decline from recent two-month highs.
- Most of Wall Street rises as oil prices continue to ease, even as chip stocks keep dropping
Most of Wall Street rose as corporate profits exceeded expectations, but global chip stocks fell sharply due to concerns over AI growth sustainability and competition from China. Oil prices declined further from a two-month high, while companies like Coca-Cola, Sherwin-Williams, and Illinois Tool Works gained after reporting stronger-than-expected quarterly profits.