As companies send mixed signals about how AI will impact white-collar jobs, one thing is certain: entry-level jobs are facing the brunt of AI uncertainty—and the effects are being felt around the world. A new report from the Irish Department of Finance found that AI’s impact on the labor market is concentrated most among young workers. About 63% of jobs in the country are “relatively exposed” to AI, but some industries, like tech and financial services, are already seeing the effects of AI adoption. Yo ...

Core Insights - The current market rotation has led to a sell-off in big tech stocks, resulting in a decline in the ratio of the Magnificent Seven stocks to the broader market [1] - The average stock in the S&P 500 has been affected by this market shift, indicating a broader trend impacting technology stocks [1] Company and Industry Analysis - The article emphasizes the importance of risk management and position sizing over mere security selection in investment strategies [1] - It highlights the author's long positions in major tech companies such as Microsoft (MSFT), Google (GOOGL), and Amazon (AMZN), suggesting confidence in these stocks despite current market conditions [1]

Vanguard’s senior economist Shaan Raithatha warns that the AI capital expenditure boom may carry “hidden risks”.Hyperscalers are on track to borrow more than $400 billion this year to fund their AI buildouts. That is more than double the $165 billion raised through debt markets across all of 2025.Vanguard’s economist points to the concern that strong moats and cash flows may be masking the true scale of AI debt exposure; with special purpose vehicles, off-balance-sheet financing and long-term lease obligati ...

As the technology sector stumbled in early 2026, American and international oil giants emerged as market leaders, helping keep the S&P 500 roughly flat year-to-date (YTD).S&P 500 stock market index YTD chart. Source: GoogleSpecifically, while the index itself is down 0.22% and big tech firms such as Microsoft (NASDAQ: MSFT) and Nvidia (NASDAQ: NVDA) fell 16% and 2% YTD, firms like Chevron (NYSE: CVX) and Occidental Petroleum (NYSE: OXY) are flying high, having gained 20% and 13%.CVX and OXY stock YTD price ...

UBS lifts forecast for big tech bond sales this year | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A logo of Swiss bank UBS is seen in Zurich, Switzerland, May 1, 2025. REUTERS/Denis Balibouse/File Photo [Purchase Licensing Rights, opens new tab]- Companies- Summary- UBS sees companies tapping more non-dollar markets- US leveraged loans forecast to drop- US investment grade bond issuance seen at $360 billionLONDON, Feb 18 (Reuter ...

The US stock market, typically considered the engine of the global economy, has struggled to find its footing through the first months of 2026, even as the rest of the world has surged ahead. As a result, US stocks are off to their worst start of the year since 1995 against the global market, according to data from Goldman Sachs. While the S&P 500 (^GSPC), tracking the largest US companies, has fallen by 1% since the start of the year, an index tracking market returns throughout the rest of the global ...

All right. So, last year there was this big shift into markets outside of the United States. And some tried to tie it into the end of American exceptionalism, which I say is bunk.But you can see here down here it uh some would even call that a reverse head and shoulders. We're breaking out and we have broken that long-term trend line. So, this looks like a really good trade.In fact, if we look at it more closely, this is a 20-year chart. Let's take a look at a two-year chart. You can see this breakout is ab ...

Group 1 - Alphabet will host its annual developer conference, Google I/O, on May 19 and 20, 2025, at its headquarters in Mountain View, California, with streaming available on the conference's website [1] - CEO Sundar Pichai announced the conference dates via an X post [1] Group 2 - The company is expected to announce updates to its Gemini models and other artificial intelligence products, as well as potentially reveal its smart glasses model [2] - Google plans to launch its first AI glasses in 2026, following the trend of increasing popularity in smart glasses, particularly after the success of Meta's Ray-Bans [2] - Sales of Meta AI glasses have more than tripled in 2025, with over 7 million units sold, according to Ray-Ban maker EssilorLuxottica [2] Group 3 - At Google I/O 2025, the company announced a smart glasses partnership with Warby Parker [3]

Key TakeawaysNASDAQ 100 extends decline to 1% as investors weigh the sustainability of massive AI infrastructure spending among "Magnificent Seven" tech giants.MicroStrategy (MSTR) acquires an additional $168.4 million in Bitcoin, bringing its total corporate treasury to 717,131 BTC at an aggregate cost of $54.52 billion.US Housing Market Index misses estimates, falling to 36 in February against an expected 38, signaling a second consecutive month of declining builder confidence due to affordability hurdles ...

Group 1: U.S. Political and Economic Developments - President Trump expresses optimism about a potential nuclear agreement with Iran, predicting a deal could be reached within the next month [2] - Trump warns of "very traumatic" consequences for Iran if negotiations fail, indicating a "phase two" escalation that may include deploying a second aircraft carrier to the Middle East [3][10] Group 2: Corporate and Economic Trends in China - Chinese corporations are significantly reducing year-end bonuses due to squeezed profit margins and economic challenges, with 26% of white-collar workers expecting no bonuses for 2025 [4] - Despite the overall trend of cost-cutting, high-growth companies like JD.com have increased their bonus pool by 70%, while tech firms such as ByteDance and CATL continue to offer competitive incentives [5] Group 3: Forex and Commodities Market Insights - The U.S. Dollar maintains a strong position, putting pressure on major currency pairs, with the Pound Sterling approaching the 1.3600 support level ahead of key UK labor data [6][10] - Spot gold prices have fallen over 1% to approximately $4,988 per ounce, affected by low trading volumes due to the closure of Chinese exchanges for the Lunar New Year [7][10] Group 4: Environmental Policy and Aviation Industry - Environmental advocates are pressuring Brussels to reform the EU's aviation climate policy, particularly regarding long-haul flights that account for over 50% of European aviation emissions [8] - Airlines like Ryanair and EasyJet argue that current exemptions for long-haul flights unfairly disadvantage short-haul operators, while legacy carriers are adopting "Green Fares" and sustainable aviation fuel initiatives [9][10]