To The Moon

US STOCKS-Wall Street ends down as AI worries slam tech stocksAdvanced Micro Devices tumbles on revenue forecastEli Lilly gains on forecasting 2026 profit above estimatesAlphabet falls ahead of quarterly reportUpdates with close of sessionBy Noel Randewich and Pranav Kashyap. Feb 4 - U.S. stocks ended lower on Wednesday, with losses in Advanced Micro Devices, Palantir and other technology companies, as investors worried about pricey valuations and whether Wall Street's AI rally has reached its peak.Alphabet GOOGL.O fell ahead of its quarterly results after the bell, which will give investors a fresh glimpse of how much the Google-owner's massive investments in AI are contributing to its top-line sales growth.Advanced Micro Devices AMD.O tumbled after the chipmaker forecast quarterly revenue that disappointed investors and suggested it is having a tough time competing against AI heavyweight Nvidia NVDA.O.Limiting losses in the S&P 500, shares of the drugmaker Eli Lilly LLY.N rallied af

Stocks rose after President Donald Trump told the World Economic Forum he would not use force to acquire Greenland, easing a concern that has rattled markets and caused a flight from dollar-based...

California regulators have fined digital asset platform Nexo $500,000 for issuing thousands of "unlicensed loans" to at least 5,456 residents in the state. This penalty adds another enforcement...

US stocks turned negative. S&P down 0.6%, Nasdaq down 0.8%; Dow down 0.5%.

Americans spent the better part of a year preparing for a second matchup between President Joe Biden and former President Donald Trump. It looks increasingly like those expectations will be scrambled, so investors should get ready.Pressure is building on Biden to bow out. Since his faltering debate performance last month, some major donors have begun withholding cash or only contributing down-ballot. Multiple news outlets report that prominent Democratic politicians are privately pushing Biden to withdraw, while others, like California Rep. Adam Schiff have taken the calls public.If Biden drops out, it would fall to the 4,000-plus Democratic Party delegates to select a new nominee. Right now, they are scheduled to vote in early August. And while several potential contenders have been floated as hopefuls, the lack of time between now and then means that the immediate favorite to replace Biden on the ballot would be Vice President Kamala Harris.While Harris's numbers have been mixed, lat

JD shares dropped more than 9% in premarket trading. Tencent Holdings Ltd.plans to distribute more

JD shares dropped more than 9% in premarket trading. Tencent Holdings Ltd.plans to distribute more

What a year this has been for the markets!Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnin

Summary Markets continue to reach new all-time highs each week and have not seen a notable correcti