Trending stocks this week as markets navigate AI concerns, geopolitical tensions
FROM THE WIRE · SEEKINGALPHA.COM
[Wall Street street sign in Manhattan financial district] Alexey_Fedoren Wall Street's major averages finished in the red on Friday as technology stocks continued to lag amid artificial intelligence spending fears and a continued rise in oil prices due to geopolitical issues.…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWall Street closes lower on AI spending fears and higher oil, with tech lagging.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Wall Street's major averages finished lower on Friday.
- 02Meta's disappointing results weighed on technology shares.
- 03US housing starts and pending home sales fell short of expectations.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Meta Platforms, Inc.642.62 USDMarket closedtoday -0.96%Negative Microsoft Corporation524.51 USDMarket closedtoday +0.66%Negative Alphabet Inc.320.21 USDMarket closedtoday -1.24%Negative Exxon Mobil Corporation183.21 USDMarket closedtoday +2.79%Positive S&P 5007,623.68Market closedtoday -0.52%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets