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The Nasdaq Composite fell 5.5%, or an estimated $2.5 trillion in market value, on Thursday. The index descended into correction territory after weak earnings reports in the AI sector and a blue tsunami in the 2026 midterm elections on Tuesday set off a tech stock rout, the Wall Street Journal reported.
The AI trade just had its scariest October in years. The rest of the stock market barely noticed.
(Dan Tri Newspaper) – Despite e-commerce platforms constantly offering promotions, many consumers still feel that shopping is becoming increasingly expensive. While market sales increased by 45%, the number of vendors with sales decreased sharply.
Artificial intelligence is on track to take over the majority of global business purchasing, with Gartner forecasting that AI agents will intermediate more than $15 trillion in B2B spending by 2028.
Tech stocks plunged on Friday morning, putting the Nasdaq 100 index on course for a more than $1 trillion drop when the opening bell rings at 9:30 am ET in New York.
Anthropic, developer of AI chatbot Claude, has filed its prospectus and is expected to go public on Wall Street in November at a valuation of up to US$2 trillion.
Salesforce, Inc. said on the 20th (local time) it will acquire the cloud-based software company Braze, which operates a customer engagement platform (CEP), for $5.7 billion (about 7.5 trillion won). The move is seen as an effort to strengthen marketing platform capabilities, considered a weak spot for Salesforce, Inc..
Musk said $1 trillion in SpaceX revenue in 2028 was “no longer impossible,” versus the 2030 scenario he outlined in June.
Ray Dalio is worried about the explosion of debt issued by countries and companies.
Among crypto exchange-traded funds (ETFs), the clear leader is $15 trillion asset management giant BlackRock (NYSE: BLK). This firm offers both the largest spot Bitcoin (CRYPTO: BTC) ETF and the largest spot Ethereum (CRYPTO: ETH) ETF.