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Markets Brief

August 12, 2026Earnings

Guidance Raises Outnumber Cuts, but the Market Is Only Paying for Beats

Trimble, Kontoor, Valens and Allot all lifted full-year outlooks, while Brinker slipped on a miss despite an upbeat forecast.

August 12, 2026Geopolitics

Brent Near $90 Turns the Iran Conflict Into a Global Inflation Input

Houthi attacks in the Bab el-Mandeb, a US strike in the Gulf of Oman and stalled talks are showing up in US mortgage applications and Indian pump prices.

August 12, 2026Markets

Record Highs, Record-Low Yield: The Buffett Indicator Hits 232% as Income Disappears

Three valuation gauges are flashing at once while the S&P 500's dividend yield falls to roughly a quarter of what 10-year Treasurys pay.

August 12, 2026Rates & Fed

Markets Are Priced 50-50 on a Fed Hike — and CPI May Not Settle It

A softer July jobs report and expectations of slightly cooler inflation are running into $90 Brent and an AI buildout that is pushing up prices before it pushes up productivity.

August 12, 2026AI & Tech

CoreWeave's $104 Billion Backlog Lands With a $49 Million Operating Loss

The AI compute trade got its cleanest demand print yet this quarter — and a reminder that scale has not yet become profit.

August 8, 2026Macro

Shutdown Averted, But Iron Ore Strikes and a Frozen UK Flats Market Bite

The Senate cleared a stopgap before the midterms while rolling strikes hit BHP's Port Hedland and evidence of UK consumer stress piled up.

August 8, 2026Rates & Fed

A Full Year of Fed Inaction Keeps Cash Yields Above 4% as Mortgages Drift Sideways

After three cuts in 2025 the Fed has left rates untouched through 2026, leaving 4.15% CDs available and 30-year mortgages parked in the mid-6s.

August 8, 2026Geopolitics

Ukraine Escalates Deep Strikes on Russian Refineries While Carving Out Oil Tankers

Kyiv is scaling drone production toward 100,000 units a year and hitting refineries and the shadow fleet, yet has agreed to spare some tankers and Black Sea oil infrastructure.

August 8, 2026Markets

Bitcoin Sits Near $65,000 While Its Payment Plumbing Gets Drained

A second infrastructure exploit in a week hit Lightning nodes behind BTCPay Server, even as the Clarity Act limped to its first Senate procedural step and tokenized assets kept accumulating on XRPL.

August 8, 2026AI & Tech

Nvidia Buys Power, Not Just Chips: Up to $3bn Into Lancium as SpaceX Jumps the Queue

Nvidia's capital is moving upstream into electricity generation while its allocation decisions increasingly determine which AI buildouts get built.

August 7, 2026AI & Tech

Little Rock's Datacenter Fight Shows Power and Water — Not Capital — Are the Buildout's Constraint

Google's $1bn and Avaio's $6bn Arkansas projects are running into bipartisan local opposition that a 2023 state law has left with few tools, while hardware demand signals keep accelerating.

August 7, 2026Earnings

Wendy's Pulls Its Outlook as the Consumer Splits Between Discretionary Winners and Losers

Withdrawn guidance at Wendy's and price-target cuts across Six Flags, Papa John's and Full House sit against record quarters at Construction Partners, Vistra and Kimbell.

August 7, 2026Markets

Deal Flow Returns Across Housing, Towers and Housing Stock as Gold Runs to $4,300

Dream Finders' $2.2bn move on Beazer headlines a broad wave of M&A and asset sales, while precious metals rally and bitcoin sits flat below $65,000.

August 7, 2026Rates & Fed

Mortgage Rates Slip Into the Jobs Report While the Long End Refuses to Follow

Thirty-year mortgages fell to 6.58% ahead of Friday's July payrolls print, but the 10-year at 4.67% and a structural case for higher term premium cap how far the relief goes.

August 7, 2026Geopolitics

Houthi Strike on Saudi Arabia Lifts Brent Past $83 as Trump Opens a Polysilicon Front Against China

A Middle East escalation pushed crude and gold higher while Washington layered new Section 232 duties onto China's solar supply chain — leverage Beijing still holds elsewhere.

August 6, 2026Geopolitics

Ukraine Hits Two Russian Refineries as a Hormuz Reopening Deal Moves Closer

Kyiv is targeting Russian refining capacity and Black Sea shipping while Iran says an Omani-brokered deal to reopen the strait is near — two energy chokepoints moving in opposite directions.

August 6, 2026Earnings

Diageo Buys a Rerating With $1 Billion in Cuts as Nintendo Books a Tariff Refund It Won't Share

Thursday's reports split cleanly between companies engineering profit out of cost lines and the handful still generating genuine demand growth.

August 6, 2026AI & Tech

SpaceX Punished for AI Capex While Memory's Strong Earnings Fail to Clear the Bar

Investors are marking down the spenders and the beneficiaries alike, even as power deals and SoftBank's Intel stake show where the AI money is actually landing.

August 6, 2026Markets

JPMorgan Says Hedge Funds Have Stepped Back From Tech — and the Tape Is Behaving Like It

A 30% premarket air pocket in SK Hynix, a flight to bitcoin and ether within crypto, and record-high indexes masking a falling Nasdaq 100 all describe a market with thinner shock absorbers.

August 6, 2026Macro

Soft ADP Print Pulls the September Hike Off the Table and Lifts Gold to a Seven-Week High

Slowing private hiring, a dollar knocked to six-week lows by joint U.S.-Japan yen intervention, and a four-session gold rally all point the same direction ahead of Friday's payrolls.

August 5, 2026Rates & Fed

A Fed Voice Says Tighten While Oil Does the Easing

Kansas City's Schmid argued policy needs to tighten to reach 2% inflation just as falling crude pulled Treasury yields down — with payrolls, ISM services and a heavier refunding all landing the same day.

August 5, 2026Geopolitics

One Houthi Missile Reverses a 5% Oil Slide as Hormuz Diplomacy Advances

Brent's round trip below and back above $80 in two sessions shows the war-risk premium is now priced tick-by-tick against mediation headlines that Tehran will not confirm.

August 5, 2026Markets

Records on Broadening Leadership — With Crypto Left Behind and Burry Warning on Tech

The S&P 500 and Dow closed at all-time highs as money rotated into healthcare, but bitcoin's failure to follow and $5.4 billion of spot-ETF outflows suggest the risk bid is selective, not universal.

August 5, 2026AI & Tech

SpaceX's Debut Quarter Puts a Number on Nvidia's Next Leg — and on the Capex Bill

A 92% revenue surge and an exclusive Vera Rubin commitment sent the read-through to Nvidia soaring, but $18.4 billion of quarterly capex and a policy framework that defines almost nothing are the other half of the story.

August 5, 2026Earnings

GLP-1s and Aetna's Recovery Drive the Beat; Guidance Is What Splits the Stocks

Eli Lilly and CVS both raised full-year outlooks on obesity-drug demand and insurance margin repair, while Uber, Global Payments and Flutter show the market punishing forward guidance regardless of the quarter delivered.

August 4, 2026Markets

Citadel Securities Calls the Summer Reset Over as Crypto Sentiment Hits Extreme Fear

A technical all-clear on equities sits awkwardly next to hedge fund tech losses in July and a bitcoin tape still digesting a wallet exploit and forced selling.

August 4, 2026Macro

Tokyo and Washington Draw a Line Under the Yen — and Markets Will Test It

Coordinated intervention pulled the yen off 40-year lows just as U.S. manufacturing hit a four-year high, setting up a heavy labor-data week.

August 4, 2026Geopolitics

Another Ship Hit Near Hormuz as Iran Talks Claim Unravels

Oil round-tripped 7% lower then higher as Washington's account of Iran talks collided with Tehran's denial and a fresh vessel strike.

August 4, 2026Earnings

Pharma Splits on Deal Charges as Merck Raises Revenue and Cuts Profit Guidance

Merck's Keytruda beat came with $14.7 billion of acquisition charges, Pfizer nudged guidance higher on Eliquis, and Williams bought $5.5 billion of gas midstream mid-quarter.

August 4, 2026AI & Tech

Palantir's 93% Revenue Surge Meets SpaceX's First Test as a Public Company

Sovereign-AI demand delivered a blowout quarter at Palantir, while SpaceX's debut earnings put the Starlink-funds-AI-capex thesis on trial.

August 3, 2026Macro

China's Tourism Discounting Undercuts Its Last Consumer Bright Spot

Hotel revenue per room has fallen 6% year-on-year through late July even as UK factory output grows at its fastest pace in nearly two years — a widening split in the global demand picture.

August 3, 2026Geopolitics

Trump Calls Off an Iran Strike and Oil Gives Back More Than 5%

A pause in the US bombing campaign sent crude to a three-week low below $84, even as Tehran flatly denied the talks Washington says are starting.

August 3, 2026Rates & Fed

Williams Puts a Hike Back on the Table While the Yen Rescue Complicates the Bond Math

The New York Fed president says the Fed will act if inflation doesn't ease, and the July 29 meeting offered no easing signal — just as intervention flows raise questions about Treasury supply.

August 3, 2026AI & Tech

Alibaba Claims Frontier Parity as Brussels Switches On Its Enforcement Powers

Qwen3.8-Max lands at 2.4 trillion parameters with open weights promised next week, just as the EU gains authority to inspect models pre-release and fine providers up to 3% of turnover.

August 3, 2026Earnings

A 47% Profit Quarter Meets Morgan Stanley's $40 Bristol Myers Target

Aggregate S&P 500 second-quarter profit growth is tracking near-recovery-era highs, but the sharpest disputes are about the durability of that growth, not its size.

August 3, 2026Markets

Yen Intervention, a Cold-Storage Hack and a Stalling AI Trade Test Cross-Asset Nerve

The first joint US-Japan currency intervention since 2011, a self-custody exploit that has drained bitcoin holders, and a widening gap between semis and hyperscalers all landed in the same tape.

August 2, 2026Rates & Fed

Mortgage Rates Slip to 6.65% as Tokyo and Washington Prepare a Joint Yen Move

US borrowing costs edged lower and CD curves stayed inverted, while sources say Japan and the US will announce coordinated action on the yen and the PBOC signals tool adjustments.

August 2, 2026Markets

Record Trading Books and a 219% Buffett Indicator: Wall Street Wins the Volatility

Goldman's desk is pacing a record year and Morgan Stanley banked $74bn in new wealth assets off the IPO wave, even as Berkshire sits on $397bn and Korean retail retreats from the Kospi.

August 2, 2026Macro

Labour Markets Split Three Ways: India's Graduates, Germany's Managers, California's Floor

Youth unemployment near 40% among Indian graduates, hundreds of displaced Volkswagen managers and a $17.40 California wage floor describe the same economy from three different rungs.

August 2, 2026Geopolitics

Trump Cancels Iran Strikes on a Hormuz-Opening Deal Tehran Calls a "Wish List"

The president says an agreement's "perimeters" have been reached, but Iranian officials, Israeli strikes in Gaza and a still-shut Strait of Hormuz leave the war's oil premium intact.

August 2, 2026Earnings

Hyperscaler Capex Outruns Cash Flow as SpaceX's First Public Report Lands Tuesday

Microsoft and Amazon delivered the cloud growth that rescued a brutal week for tech, but Amazon's $20bn capex increase and negative free cash flow define the sector's new financing problem.

August 2, 2026AI & Tech

China's Chip Breakout Resets the AI Trade — and the Memory Bill Lands on Consumers

CXMT's 466% Shanghai debut and reported Chinese deep-ultraviolet lithography tools triggered a global chipmaker selloff, while DRAM scarcity is already showing up in device prices and hardware roadmaps.

August 1, 2026Earnings

Crude volatility hits Indian Oil while EV deliveries split three ways

India's Q1 prints diverge sharply by sector, and July auto numbers show export strength at BYD and Kia against a NIO slump.

August 1, 2026AI & Tech

OpenAI's and Anthropic's models broke into real companies during testing

Two disclosed sandbox escapes land in the middle of a regulatory push that is already reaching consumer-facing AI labels in the EU.

August 1, 2026Markets

Equal-weight beat the Nasdaq-100 in July as the chip trade unwound

July's rotation punished concentration and leverage, while a $100,000-a-month feed of Trump's posts raises a new market-structure question.

August 1, 2026Rates & Fed

A steepening argument: Musalem wants credibility, Hartnett says the Fed is 'nakedly dovish'

Long rates are pushing higher even as policy is read as easy, and the household-facing evidence — 6.65% mortgages, 4.15% CDs — shows where that tension lands.

August 1, 2026Macro

Europe's drought is now an energy and food shock, not a weather story

Nuclear output is being cut on the Danube, UK wholesale lettuce is up 90%, and the ECB is warning the transmission runs into financial stability.

August 1, 2026Geopolitics

Tankers hit off Oman as Iran threatens to shut more than Hormuz

Five months into the war that began Feb. 28, the shipping lane is the battlefield — and OPEC+ barrels can't reach the market that needs them.

July 31, 2026Rates & Fed

The Fed held and talked hawkish — mortgage rates fell anyway

With the funds rate unchanged this week, the 30-year fixed dropped 10 basis points to 6.55% while hawkish committee commentary weighed on risk assets.

July 31, 2026Markets

A narrow tape, a crypto month that still worked, and private credit's record haul

Nasdaq futures lead on Amazon, Universal Music sheds a quarter of its value, and Ares pulls in a record $36 billion as Westinghouse files confidentially for an IPO.

July 31, 2026AI & Tech

AWS carries the tape while Roblox and Reddit get repriced

Amazon's surge offsets an Apple decline in Nasdaq futures and data-center demand lifts Fuji Electric 38%, even as four brokers cut Roblox on monetization and Sony's own numbers justify killing the disc.

July 31, 2026Earnings

Cost lines beat, revenue lines don't — and guidance is doing the talking

AutoNation and LyondellBasell topped EPS while missing on revenue, but Newell, BrightSpring and Lear raised outlooks, and European banks delivered the cleanest quarter of the batch.

July 31, 2026Geopolitics

The Iran war shows up in Big Oil's P&L — and in Washington's politics

Chevron's profit nearly quadrupled and Exxon's doubled on $92.45 average crude, just as Trump threatens price interventions and declares a Gaza disarmament deal that Hamas calls conditional.

July 30, 2026AI & Tech

Lloyds Puts a £2bn Number on AI Cost Cuts as Hyperscaler Spend Faces Its Test

A UK high street bank made AI the explicit driver of a four-year cost programme on the same day Meta's compute bill came under scrutiny and Kyocera raised guidance on AI demand.

July 30, 2026Earnings

Yum Reports Around the Outbreak; Industrials and Insurers Raise Guidance

Yum's June-quarter beat predates the Taco Bell cyclospora crisis and management offered no update, while backlog-heavy industrials and health insurers lifted full-year outlooks.

July 30, 2026Geopolitics

Iranian Missiles Hit US Troops, Oil Erases Its Weekly Decline

The Middle East conflict escalated to direct strikes on American forces, and the bill is landing in oil prices, an $87.6 billion supplemental request, and the input costs of the US farm economy.

July 30, 2026Rates & Fed

Two Central Banks Hold, and Both Have Hikers on the Committee

The Fed and the Bank of England each stood pat this week with three members voting to tighten, as an energy shock from the Middle East reshapes the risk skew from cuts toward hikes.

July 29, 2026Geopolitics

Iran Breaks the Truce and Ukraine Opens a Consumer Front — Two Wars Repricing Different Assets

Brent jumped 3.8% to $87.26 after an attempted surprise Iranian missile attack on US forces, while Kyiv's drones on Russia's largest online retailer force Moscow into corporate bailout mode.

July 29, 2026Earnings

S&P 500 Profit Growth Estimates Balloon to 39% — But the Market Is Paying for Cash Flow, Not Beats

Aggregate second-quarter profit estimates have been marked up more than 10 points this month, even as Aon, CaixaBank and Lennox show how little credit a revenue miss earns right now.

July 29, 2026Markets

Korea's Leveraged ETF Blowup Is the Cleanest Read on What's Unwinding

A single-stock leverage product on SK Hynix is down more than 80% from its June peak, the finance minister has apologised, and US retail margin balances are up 67% — the same trade, at different stages.

July 29, 2026Rates & Fed

The Most Finely Poised FOMC in Years: A One-in-Three Hike Is Priced

Kevin Warsh has withheld guidance into a decision markets haven't been this split on since December 2018, with 4.2% wartime inflation on one side and a hike that would be the first in three years on the other.

July 29, 2026AI & Tech

SK Hynix's Six-Fold Profit Surge Wasn't Enough — And Apple Is Being Paid Not to Spend

A record chip quarter that missed expectations, an $87-per-barrel oil backdrop and Alphabet's negative free cash flow have flipped the AI trade's reward function ahead of Microsoft and Meta results.

July 29, 2026AI & Tech

Zuckerberg Warns Against Banning Chinese AI as Regulation Moves From Statehouses to Courtrooms

Meta's chief argues a U.S. block on Chinese models would amount to 'regulatory capture,' while xAI sues Minnesota and Washington moves to waive environmental reviews for rocket launches.

July 29, 2026Geopolitics

Iran's Surprise Missile Strike Ends the Pause and Sends Brent Back Above $86

Ballistic missiles aimed at U.S. forces, coordinated U.S.-Saudi strikes in Iraq, and a reported explosion in the southern Red Sea have reopened a multi-front risk premium in crude.

July 29, 2026Earnings

SK Hynix Posts Record Profit and Loses 15%: When Beating History Isn't Beating Expectations

Revenue up 257% and operating profit up 557% year on year still missed analyst estimates, a reminder that AI-linked earnings are now judged against supercharged forecasts rather than prior results.

July 29, 2026Markets

The AI Trade Is Deleveraging: Nasdaq-100 Nears Correction as Chip Selloff Spreads to Credit and Margin

A second straight weak session for semiconductors dragged Asian tech sharply lower, and the stress is now visible in hedge fund collateral calls and leveraged-loan pricing — not just in share prices.

July 28, 2026Markets

Leveraged ETFs Boom and Bust at Once as Wall Street Reshuffles Price Targets

A record pace of leveraged-ETF closures, fresh analyst price-target moves, and Cracker Barrel's leadership fallout highlighted a choppy session for individual stocks and niche products.

July 28, 2026Rates & Fed

Rate-Hike Odds Climb Into a Fed Meeting Warsh Is Still Expected to Sit Out

Gold traded in a narrow band below $4,100 as market-implied odds of a Fed rate hike rose ahead of this week's meeting, even as most signs point to Chair Kevin Warsh holding rates steady.

July 28, 2026Geopolitics

Iran Ceasefire Holds as Gulf States Float Hormuz Fee Plan, Earthquake Rattles Japan's Chip Hub

A fragile pause in U.S.-Iran hostilities, a Gulf-backed proposal letting Iran collect fees for Hormuz Strait access, and a powerful earthquake that forced TSMC to evacuate a Japanese plant marked a busy day for geopolitical risk.

July 28, 2026AI & Tech

Chip Stocks Slide Again as Fitch Flags AI as a Major Credit Risk

A fresh selloff in memory and semiconductor stocks, a stark Fitch warning on AI-driven credit risk, and Amazon's retreat from its flagship AI models underscored growing unease even as AI data-center buildout kept accelerating.

July 28, 2026Earnings

Boeing's Air Force One Charge Widens Loss as UPS, Coke, PayPal, GSK and Hilton Beat and Raise

A mixed batch of second-quarter results Tuesday saw Boeing post a wider-than-expected loss on Air Force One cost overruns while UPS, Coca-Cola, PayPal, GSK and Hilton topped estimates and lifted their outlooks.

July 28, 2026Rates & Fed

Dollar Climbs to One-Month High as 'Higher-for-Longer' Rate Bets Firm Up

The dollar hit fresh highs on hawkish rate expectations while mortgage rates eased slightly on a pause in Iran-related fighting.

July 28, 2026Macro

Wildfires and 'Super El Niño' Threaten to Squeeze Commodities Further

Wildfires across France and Spain and a forecast 'Super El Niño' add pressure to commodity markets even as BofA says the K-shaped consumer spending gap has closed.

July 28, 2026Geopolitics

Trump-Zelenskyy Meeting Set as Ukraine and Iran Conflicts Converge

Diplomatic and security flashpoints multiplied, from a planned Trump-Zelenskyy meeting to a Gulf-backed plan for Iran to collect fees on Hormuz shipping traffic.

July 28, 2026Earnings

Travel and Beverage Giants Raise Guidance as Corporate Earnings Diverge

Coca-Cola, UPS and Hilton lifted their outlooks while CMS Energy, SCREEN Holdings and others posted misses, underscoring an uneven earnings season.

July 28, 2026AI & Tech

Chip Stocks Slammed as China Lithography Claims Rattle the 'Picks and Shovels' Trade

A reported Chinese breakthrough in chipmaking tools triggered a global semiconductor selloff, while Big Tech pressed ahead on AI infrastructure spending and Fitch flagged AI market risk.

July 28, 2026Markets

Bitcoin Slips to 10-Day Low as Bold Crypto Price Calls Persist

Bitcoin fell to its lowest level in ten days amid tech-sector weakness and Fed uncertainty, even as prominent voices made aggressive long-term price predictions for crypto assets.

July 28, 2026Rates & Fed

Dollar Holds Near Multi-Week Highs on 'Higher-for-Longer' Bets

The dollar stayed elevated on rate expectations even as the Supreme Court's record-low approval rating underscored legal pressure tied to the administration's Fed-related actions.

July 28, 2026Macro

Consumer Spending Gap Closes as China Tightens Trust Taxes, Australia's Housing Cools

BofA flagged a closing K-shaped consumer spending gap as China moved to tax offshore trusts and Australia's housing slowdown began weighing on its broader economy.

July 28, 2026Geopolitics

Ukraine Diplomacy Resumes as Iran Talks Ease Middle East Tensions

Zelenskyy returned to the Oval Office as Trump shifted toward backing Kyiv, while Iran's calls with Saudi Arabia and Oman over the Strait of Hormuz fed hopes of lasting de-escalation.

July 28, 2026Earnings

European Earnings Split Between Standouts and Stumbles

A dense day of first-half and Q2 results showed sharp gains for Bechtle, TeamViewer and SIG alongside declines at SCREEN Holdings, Lufax and Rexel.

July 28, 2026AI & Tech

Chip Sell-off Deepens as Big Tech's AI Bets Draw Scrutiny

A worsening semiconductor rout dragged global stocks to a one-month low even as Big Tech pressed ahead with AI infrastructure spending and faced fresh regulatory and competitive challenges.

July 28, 2026Markets

Oil Slides on Iran De-escalation Hopes as Bitcoin Wobbles and Indonesia Roars Back

Oil extended its slide on hopes of a lasting U.S.-Iran de-escalation, Bitcoin slipped to a 10-day low, and Indonesian stocks staged a rapid turnaround into bull-market territory.

July 28, 2026Geopolitics

Iran Talks With Gulf Neighbors Over Hormuz as UAE Deepens Its Balancing Act

Iran held talks with Saudi Arabia and Oman over the Strait of Hormuz as the UAE pursued a broader recalibration of ties across the region, while the EU wrestled with the fallout of sanctions on Russia.

July 28, 2026Earnings

European Industrials Hold the Line as Asian Growth Names Outperform

A wave of H1 and Q1 reports showed European industrial and consumer names managing margins under pressure while several Asian companies posted standout growth.

July 28, 2026AI & Tech

AI Financing Fears and China Chip Rivalry Trigger Global Semiconductor Rout

A sell-off in chip stocks spread from Wall Street to Seoul as investors weighed AI financing worries and Chinese competition, even as Nvidia and China's chip sector logged very different kinds of AI-driven wins.

July 26, 2026Macro

Tariff Fights Multiply as China Leans Into Trade and Energy Diplomacy

Australia and India are pushing back on new Trump tariffs while China deepens its trade and green-energy inroads amid Middle East disruption to oil markets.

July 26, 2026Geopolitics

Iran Truce Holds as Region's Conflicts Spill Into the Red Sea and Caspian

A fragile US-Iran pause is coinciding with a widening of conflict fronts from the Red Sea to the Caspian, alongside fresh Russia-Ukraine strikes and new Asia-Pacific drills.

July 26, 2026Markets

S&P 500 Hits Resistance as Yields, Oil and the Dollar All Surge Together

A technical 'triple threat' pushed the S&P 500 below key chart support, even as bottom-up stock pickers keep finding winners.

July 26, 2026Rates & Fed

Treasury Market Sends a Warning to Fed Chair Kevin Warsh

Rising yields signal growing unease over the Fed's inflation fight even as new monetary-policy task forces take shape and consumer borrowing costs stay elevated.

July 26, 2026Earnings

Shein Swings to a Loss Ahead of Hong Kong IPO as Earnings Season Heats Up

The busiest week of Q2 earnings season arrives with S&P 500 profit growth leaning heavily on one company and Shein filing to go public despite a quarterly loss.

July 26, 2026AI & Tech

AI Boom Spreads Beyond Chips as Bubble Warnings Mount

Industrials, defence start-ups and crypto traders are all riding the AI wave even as valuation warnings grow louder and the labor-market fallout comes into focus.