Nvidia-Driven Tech Rally Lifts Wall Street
Nvidia and other technology stocks led a broad market advance on Wall Street, powering a tech-driven rally that sent U.S. equities higher.
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AI Disruption Debate Roils Wall Street After Grim Research Note
A Citrini Research note warning that AI could cause mass unemployment and a stock-market plunge sparked a sell-off and debate among investors and policymakers, though many analysts dispute the conclusions and view AI disruption as a risk to monitor rather than an inevitable catastrophe.
AI hype drives market volatility as profit doubts mount
Markets swung on AI hype as investors question when AI spending will translate into profits; IBM, Visa and Mastercard led declines amid renewed volatility, while some software names benefited from AI updates, and analysts caution that underlying businesses haven’t dramatically changed despite advancing AI tools.
Taleb Warns AI Shake-Up Could Bankrupt Software Firms and Reset Market Leaders
Nassim Taleb argues that AI-driven disruption will lead to bankruptcies among software firms and erase gains accrued by the market leaders of the last several years, as a broader set of winners emerges. He also warns that tail risks are underpriced and that tech-related pain could spread to other sectors as investors reassess the risk landscape.
Tech Rally Lifts Wall Street Amid AI Fears and Tariff Talk
U.S. stock indexes bounced on Tuesday as tech led a rebound after Anthropic announced new AI tools and investors weighed Trump’s tariff stance; the Dow rose 0.69%, the S&P 500 0.57%, and the Nasdaq 0.87%. AMD jumped 7.6% on a deal to sell up to $60 billion in AI chips to Meta, while Home Depot and Keysight posted solid gains on upbeat results and outlooks, highlighting ongoing AI optimism and tariff jitters ahead of the State of the Union and Fed remarks.
AI Upside Emerges for Microsoft and Cloudflare, Analysts Say
Software stocks have fallen into bear market territory, but Wall Street analysts view Microsoft and Cloudflare as undervalued bets on AI. Median targets imply about 52% upside for Microsoft and 40% for Cloudflare, driven by AI integrations (Azure/OpenAI for Microsoft; fast, secure cloud network for Cloudflare) and solid fundamentals, with a cautious approach to position sizing and potential add-on on dips.
Dimon warns AI hype and soaring markets could fuel the next financial crisis
Jamie Dimon warned that current high asset prices, AI disruption fears, and banks taking on risky loans could trigger a market meltdown similar to the 2008 crisis, noting some institutions are acting dubiously while JPMorgan remains cautious.
PayPal takeover chatter sparks stock rally
PayPal (PYPL) jumped about 5.7% to around $44 after reports of unsolicited takeover interest from at least one rival, with volume surging well above its three‑month average. The move came as major indices fell, and PayPal trades far below its all‑time high, making a potential bid seem more attractive to buyers while investors caution that takeover chatter isn’t a reason to aggressively own the stock.
AI Fears Hit Markets as Dow Suffers Sharp Selloff ahead of Key Earnings
U.S. stock futures were barely higher after a rough session that saw the Dow drop about 822 points (-1.7%), Nasdaq -1.1%, and the S&P around -1% amid renewed fears of AI disruptions and geopolitical tensions. Investors await Anthropic’s AI event, consumer confidence data, and earnings from Nvidia, Salesforce, and Snowflake, while after-hours movers included Keysight Technologies surging on a strong quarter, Diamondback Energy slipping on weak results, and Vir Biotechnology rallying on positive Phase 1 data. A tech-led rotation remains a key question as traders fret over a prolonged range until tech leadership returns.
IBM slumps on AI-COBOL talk, marking steepest drop since 2000
IBM shares fell about 13% in a session—the steepest one‑day drop since 2000—after Anthropic suggested AI could modernize COBOL, fueling concerns about IBM’s reliance on legacy technology and its growth prospects.
Markets slide as tariff hikes and AI fears weigh on stocks
U.S. stocks fell after President Trump raised tariffs to 15% for up to 150 days, with the S&P 500 down about 1% and the Dow slumping around 821 points as investors also punished companies viewed as AI losers. Tech and cybersecurity names like CrowdStrike and AppLovin led declines, while Blue Owl Capital slid; airlines dropped on winter weather disruptions and Novo Nordisk tumbled after a drug-trial result. Gold rose and bitcoin briefly dipped as risk sentiment shifted, and traders awaited Nvidia’s results while Federal Reserve commentary kept rate-cut expectations in play. The 10-year Treasury yield slipped to 4.03%.
WBD Stock Surges as Paramount’s Bid Drama Keeps Investors Watching
Warner Bros. Discovery shares rose as investors weigh Paramount’s escalating cash bid for WBD against Netflix’s competing offer, with Paramount’s $30-a-share bid aimed at derailing Netflix’s $27.75-a-share offer and a potential Discovery Global spin-off, plus a March 20 shareholder vote on the Netflix deal amid a broader market decline.
IBM Dives 10% After Anthropic Unveils COBOL Modernization AI
IBM shares slid roughly 10% after Anthropic unveiled Claude Code, an AI tool to automate COBOL modernization, with Accenture and Cognizant retreating on the news; Claude Code maps dependencies, documents workflows, and identifies risks to speed modernization of legacy COBOL systems that still power ATM networks and other critical infrastructure. Anthropic released a Code Modernization Playbook alongside the launch.
Nvidia Earnings Could Set the Tone for AI-Driven Market Moves
AI stocks have helped lift the S&P, but investors await Nvidia’s Feb. 25 earnings for a tone-setting read on AI demand. As the AI bellwether, Nvidia’s results and guidance could steer Feb. 26 trading; a strong report could boost tech and markets, while a disappointing one could weigh on risk assets. Regardless, the long‑term AI story remains intact, suggesting calm positioning and potential buying opportunities on dips.
Stocks slip after Trump raises global tariffs to 15%, fueling growth fears
Stock futures fell Sunday night after President Trump announced an immediate 15% global tariff, heightening inflation and global-growth concerns; major futures slipped about 0.6%–1%, while oil and Bitcoin declined. Investors await White House clarity on tariffs amid a choppy week, with Nvidia earnings and Monday’s durable-goods/factory-orders data in focus as the State of the Union approaches.