AI Is Having a Meltdown and Taking Everyone Down With It
Remember when we thought AI was going to make us all rich? Well, plot twist: it's currently making everyone panic-sell instead. The stock market is having what can only be described as an AI-induced existential crisis, and honestly, it's kind of wild to watch. It all started with software stocks getting absolutely demolished last week. We're talking about a $2 trillion market cap vanishing act – the biggest non-recession beatdown the sector has seen in 30 years. The trigger? Anthropic dropped ...
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Steel Stocks Got Crushed by the ‘TACO Trade’ — Tariffs in Reverse
There's a new acronym making the rounds on Wall Street, and it's as absurd as it sounds: the TACO trade. Short for "Tariffs Are Coming Off," it refers to the growing market expectation that President Trump may be softening his trade stance — which is fantastic news for consumers and terrible news for the steel and aluminum companies that have been riding the protectionist wave. Shares of major steel producers fell sharply on Friday after a Financial Times report revealed that ...
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DraftKings Hit Its First-Ever Profit — Then the Stock Crashed 17%
DraftKings pulled off something it had never done in 13 years of existence: it turned a profit. The sportsbook operator posted positive net income of $3.7 million for the full year 2025 — a massive swing from the $507 million net loss it recorded the year before. Fourth-quarter revenue surged 43% year-over-year to $1.99 billion, meeting estimates. Earnings per share came in at $0.25, beating the $0.16 Wall Street expected. CEO Jason Robins called it "a strong close" to the ...
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Pinterest Lost a Fifth of Its Value Again — Here’s the Real Problem
Pinterest just did the unthinkable — again. For the second consecutive quarter, the visual discovery platform shed roughly 20% of its market cap in a single after-hours session. Shares plunged Thursday evening after the company delivered a revenue miss, an earnings miss, and guidance that made analysts wince. The numbers tell the story. Fourth-quarter revenue came in at $1.32 billion against expectations of $1.33 billion. Earnings hit $0.67 per share versus the $0.69 Wall Street wanted. Small misses on their own ...
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The Copper Rush is Coming (And Here’s How to Cash In Without Getting Your Hands Dirty)
Remember when everyone was obsessed with gold? Well, copper is having its main character moment, and honestly, it's about time. While everyone's been arguing about Bitcoin and AI taking over the world, they missed the plot twist: AI actually needs a lot of copper to function. Like, embarrassingly large amounts. Here's the deal: We're staring down a massive copper shortage that makes toilet paper hoarding look reasonable. Global demand could jump 50% to 42 million metric tons by 2040, but production ...
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Japan’s Having a Moment (And You Should Probably Pay Attention)
Remember when everyone was obsessed with Japanese everything in the '80s? Well, Japan's stock market is having its own throwback moment – except this time, it's actually making people money. The Nikkei 225 just smashed through 57,000 like it was made of paper, up 15% this year alone. That's the kind of performance that makes your boring S&P 500 index fund look like it's taking a nap. So what's driving this sudden love affair with Japanese stocks? It's not just one thing ...
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Retail Traders Are Back: The Dip-Buying Frenzy That Has Wall Street Talking
Remember last week when software stocks got absolutely demolished? Yeah, well, the retail trading crowd just said "hold my energy drink" and dove right back in. JPMorgan just dropped some fascinating data on what exactly these dip-buyers have been up to, and honestly, it's kind of impressive. Here's the tea: After software stocks crashed harder than a Windows 95 computer, retail traders initially did what any sane person would do—they backed away slowly. Buying activity hit rock bottom on February 5th ...
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Tech Just Got Wrecked — Apple’s Worst Day in 10 Months Leads the Carnage
Thursday was a bloodbath for tech, and the Magnificent Seven took the worst of it. The Nasdaq dropped 2%, the S&P 500 fell 1.6%, and the Dow shed 670 points. But the real headline was Apple, which cratered 5% in its worst single-session performance since April. The damage was broad-based. All seven of the Mag Seven stocks closed red. AppLovin collapsed 20% after earnings disappointed. Cisco, which we covered yesterday after its "beat-and-drop" earnings report, got hammered another 12%. Restaurant Brands ...
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