AI destroyed the market value of many software companies through forced selling. It’s driven some prominent names to multi-year lows.
Investors should be hedging momentum as the rotation in equities gains traction, according to the Goldman Sachs trading desk. The global chip selloff Wednesday led to the Nasdaq's (COMP:IND) worst ...
A Deutsche Bank chart showed utility stocks (XLU) gaining ground and a Magnificent 7 gauge sinking as part of equity-market moves triggered by the selloff in the technology sector. “The conclusion is ...