Let's bring in Ed Yardi of Yardeni Research. It's great to have you here. Really appreciate it.First top level thoughts about the market today. What do you think is going on. >> Happy days are here again.I mean across the board, everybody's buying buying buying not just stocks but Bitcoin, gold, and uh so the asset a lot of asset classes are doing extremely well. And I I think a lot of that has to do with all this spending that these uh hyperscalers are are planning to do. $650 billion this year is going to ...

Big Tech is on a spending spree, forecast to drop a staggering $650 billion on artificial intelligence (AI) in 2026 alone—and that’s just for Alphabet, Meta, Microsoft, and Amazon. The companies are ramping up their investment in an increasingly competitive, high-stakes arms race, pouring hundreds of billions into massive data centers and semiconductors, in hopes of establishing a long-term strategic advantage in their quest to dominate the future of technology. Most Read from Fast Company With all four ...

Big Tech AI spending has reached new heights. During earnings calls this week, tech firms raised their capital expenditure, or capex, projections. Google’s parent company, Alphabet, said on Wednesday it plans to double capex in 2026 to nearly $185 billion. Amazon said Thursday it plans to devote a towering $200 billion to capex, well ahead of Wall Street estimates. Last week, Meta said full-year capex will rise to as much as $135 billion. Those firms’ spending, along with Microsoft’s growing projections, ...

Gather round while we look at the reality of markets. They correct, and sometimes, corrections are brutal. Feb. 5 proved to be a really brutal day, especially for the Magnificent 7 stocks. The Mag 7 group, which includes Apple, Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia, and Tesla, has mostly struggled so far this year. That's because investors worry that the group is spending billions on data labs that may take years to become profitable. And there's no sign the contagion is easing. Among th ...

Bitcoin’s role as an indicator of market froth has been pointing downwards all year, and several other indicators are starting to follow.Bitcoin has now dropped to as low as $US60,000, down from its record above $US124,000 set in October.Gold and silver prices have weakened more recently after a stunning run upwards suddenly paused a week ago, and even US bond market yields are now falling after some tentative signs of weakness in the US jobs market.Now, share markets have also turned down significantly, wi ...

Apple's stock (NASDAQ:AAPL) has shown remarkable resilience, maintaining its position despite a $1.2 trillion loss in the tech industry.The company's cautious approach to spending and focus on steady growth has been beneficial, especially in comparison to other tech giants' heavy investments in AI.Apple's financial discipline has enabled it to maintain a healthy balance sheet, providing a buffer against market volatility and ensuring long-term value for shareholders.During a tumultuous period in the tech in ...

Market Overview - Asian stock markets are mostly trading lower, influenced by negative cues from Wall Street, particularly in technology stocks amid valuation concerns and the impact of artificial intelligence [1][15] - The Australian stock market is sharply lower, with the S&P/ASX 200 falling below the 8,750 level, driven by weakness across all segments, especially mining stocks [2][3] Australian Market Details - The S&P/ASX 200 Index is down 159.40 points or 1.79 percent to 8,729.80, after reaching a low of 8,714.10 [3] - Major miners are experiencing declines: Rio Tinto down 0.4 percent, BHP Group down almost 3 percent, Fortescue down almost 1 percent, and Mineral Resources down more than 4 percent [3] - Oil stocks are also weak, with Santos down more than 1 percent, Woodside Energy down almost 2 percent, and Beach Energy down almost 4 percent [4] - Among tech stocks, Afterpay-owner Block is down almost 7 percent, WiseTech Global down almost 5 percent, and Appen down almost 9 percent [4] Banking and Gold Mining Sector - In the banking sector, ANZ Banking and National Australia Bank are down more than 1 percent each, while Commonwealth Bank and Westpac are down 0.1 percent each [5] - Gold miners are facing significant losses, with Evolution Mining and Northern Star Resources down more than 2 percent each, and Newmont and Genesis Minerals down more than 6 percent each [5] Company-Specific News - REA Group shares are down more than 10 percent after first-half financial results missed analysts' expectations [6] - Web Travel Group shares plummeted almost 29 percent following an audit announcement by the Spanish Tax Agency [6] Japanese Market Overview - The Japanese market is showing a mixed performance, with the Nikkei 225 Index up 255.48 points or 0.47 percent to 54,073.52 after earlier lows [7][8] - SoftBank Group is gaining almost 2 percent, while Fast Retailing is down almost 1 percent [8] - In the banking sector, Sumitomo Mitsui Financial is up almost 2 percent, and Mizuho Financial is gaining more than 2 percent [9] Economic Indicators - Japan's household spending decreased by 2.9 percent month-on-month in December, missing forecasts [12][13]

Join our daily newsletter At The Bell to receive exclusive market insightsASX today – Well, batten down those hatches tight, traders: We’re heading for a -1.2% nosedive first up this morning, Friday, with all the pain from Wall Street leading us towards a 100-point retreat to end a topsy-turvy week.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.Things have been bloody over in the U.S., with the Nasdaq d ...

US stocks head into Thursday's session on the back foot after another bruising tech selloff knocked Wall Street's most popular trades off their pedestal. The S&P 500 dropped around 0.46%, while the Nasdaq Composite slid about 0.6%, extending a sharp twoday retreat in highgrowth names. ...

U.S. stock futures were swinging between gains and losses on Thursday as the Dow Jones fell after yesterday’s rotation out of tech stocks. Futures of major benchmark indices were mixed.On Wednesday, the benchmark indices ultimately finished mixed, with the Nasdaq Composite dropping about 351 points as investors shifted focus.Moving forward, corporate results are the primary driver for markets, with Amazon.com Inc. (NASDAQ:AMZN) taking center stage as it reports after the bell today. In tandem, market partic ...