Nachrichten |
| Datum / Uhrzeit |
Titel |
Bewertung |
| 26.02.26 00:04:54 |
Stock Indexes Settle Higher on Strength in Tech |
 |
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.81%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.63%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.41%. March E-mini S&P futures (ESH26) rose +0.81%, and March E-mini Nasdaq futures (NQH26) rose +1.41%.
Stock indexes rallied on Wednesday, with the S&P 500 posting a 1.5-week high and the Nasdaq 100 posting a 2-week high. Strength in AI-infrastructure companies, software stocks, and chipmakers led the broader market higher. Stocks have carryover support from Tuesday, when AI startup Anthropic PBC eased AI disruption concerns after saying its new AI tools for its Claude Cowork agent software will integrate rather than displace existing systems. Also, optimism that Nvidia’s earnings results, released after Wednesday’s close, will show strong demand for its AI processors remains high. Bloomberg estimates Nvidia’s Q4 revenue to be $65.91 billion. Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
In Tuesday night's State of the Union address, President Trump doubled down on his commitment to tariffs. President Trump’s new 10% global tariffs went into effect on Tuesday after the Supreme Court struck down his global “reciprocal” tariffs last Friday. Mr. Trump subsequently threatened to raise the global tariff rate to 15%, and an administration official said the White House is working on a formal order to implement that higher rate, but the timeline for its implementation has not been finalized. Mr. Trump is applying the 10% baseline levy under Section 122 of the 1974 Trade Act, which allows the president to impose the charge for 150 days without congressional approval.
Geopolitical risks remain a negative for stocks. Tuesday evening, President Trump said Iranian officials are "again pursuing their sinister nuclear ambitions," boosting speculation that the US may be preparing a military strike on Iran in the coming days. US-Iran nuclear talks are scheduled to resume on Thursday in Geneva, and Iranian Foreign Minister Araghchi said he saw a “good chance” of a diplomatic solution to the standoff over his country’s nuclear program. Last Friday, President Trump said that he’s considering a limited military strike on Iran to ramp up pressure on the country to strike a deal over its nuclear program, and that he thought 10 to 15 days was “pretty much” the “maximum” he would allow for negotiations to continue.
US MBA mortgage applications rose +0.4% in the week ended February 20, with the purchase mortgage sub-index down -4.7% and the refinancing mortgage sub-index up +4.1%. The average 30-year fixed rate mortgage fell -8 bp to a nearly 3.5-year low of 6.09% from 6.17% in the prior week.
St. Louis Fed President Alberto Musalem said Wednesday that the fed funds rate is near neutral and well-positioned to balance risks to employment and inflation.
The market’s focus this week will be on corporate earnings results and economic news. After Wednesday’s close, Nvidia will release its earnings results. On Thursday, initial weekly unemployment claims are expected to climb by +10,000 to 216,000. On Friday, the Feb MNI Chicago PMI is expected to slip -1.8 to 52.2.
Q4 earnings season is nearing its end, with more than 90% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 453 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 2% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets settled higher on Wednesday. The Euro Stoxx 50 rose to a new record high and closed up +0.93%. China’s Shanghai Composite climbed to a 3.5-week high and closed up +0.72%. Japan’s Nikkei Stock 225 rallied to a new all-time high and closed up +2.20%.
Interest Rates
March 10-year T-notes (ZNH6) on Wednesday closed down by -4 ticks. The 10-year T-note yield rose +1.9 bp to 4.048%. T-notes were under pressure on Wednesday from strength in stocks, which curbed safe-haven demand for government debt. Also, weak demand for the Treasury’s $70 billion auction of 5-year T-notes undercut T-note prices, as the auction had a bid-to-cover ratio of 2.32, below the 10-auction average of 2.37.
European government bond yields were mixed on Wednesday. The 10-year German bund yield was unchanged at 2.701%. The 10-year UK gilt yield rose +1.1 bp to 4.317%.
The German Mar GfK consumer confidence index unexpectedly fell -0.5 to -24.7, weaker than expectations of an increase to -23.0.
Swaps are discounting a 2% chance of a -25 bp rate cut by the ECB at its next policy meeting on March 19.
US Stock Movers
AI-infrastructure stocks and chipmakers rallied on Wednesday to support gains in the broader market. Western Digital (WDC) closed up more than +7%, and Seagate Technology Holdings (STX) closed up more than +6%. Also, Applied Materials (AMAT) closed up more than +4%, and Marvell Technology (MRVL) closed up more than +3%. In addition, Nvidia (NVDA), ARM Holdings Plc (ARM), KLA Corp (KLAC), and Micron Technology (MU) closed up more than +2%.
Software stocks were stronger on Wednesday, boosting the overall market. Thomson Reuters (TRI) closed up more than +10%, and Intuit (INTU) closed up more than +6%. Also, Datadog (DDOG) closed up more than +5%, and Palantir Technologies (PLTR), Cadence Design Systems (CDNS), Salesforce (CRM), and CrowdStrike (CRWD) closed up more than +3%. In addition, Microsoft (MSFT) and Atlassian (TEAM) closed up more than +2%, and Autodesk (ADSK), Adobe Systems (ADBE), and ServiceNow (NOW) closed up more than +1%.
Cryptocurrency-exposed stocks rallied sharply on Wednesday as Bitcoin (^BTCUSD) surged more than +7%. Coinbase Global (COIN) closed up more than +13%, and Strategy (MSTR) closed up more than +8%. Also, MARA Holdings (MARA) closed up more than +6%, and Galaxy Digital Holdings (GLXY) closed up more than +5%. In addition, Riot Platforms (RIOT) closed up more than +3%.
Homebuilding stocks retreated on Wednesday on disappointment that President Trump failed to mention any new policy initiatives to bolster the housing market in Tuesday evening’s State of the Union speech. Lennar (LEN) and PulteGroup (PHM) closed down more than -4%, and DR Horton (DHI) closed down more than -5%. Also, KB Home (KBH) closed down more than -2%, and Toll Brothers (TOL) closed down more than -1%.
Alcoholic beverage producers moved lower on Wednesday after Diageo Plc, the maker of Guinness beer and Johnnie Walker whiskey, cut its sales guidance due to further weakness in the US market. Brown-Forman Corp (BF.B) closed down more than -7%, Molson Coors Beverage (TAP) closed down more than -4%, and Constellation Brands (STZ) closed down more than -3%.
Circle Internet Group (CRCL) closed up more than +35% after reporting Q4 total revenue and reserve income of $770 million, stronger than the consensus of $747 million.
Cava Group (CAVA) closed up more than +26% after forecasting full-year restaurant comparable sales will climb +3% to +5%, stronger than the consensus of +2.75%.
Axon Enterprise (AXON) closed up more than +17% to lead gainers in the S&P 500 and Nasdaq 100 after reporting Q4 adjusted EPS of $2.15, well above the consensus of $1.56.
Albemarle (ALB) closed up more than +4% to lead lithium producers higher after Zimbabwe suspended exports of lithium concentrates and raw minerals.
Oracle (ORCL) closed up more than +1% after Oppenheimer upgraded the stock to outperform from perform with a price target of $185.
Oddity Tech Ltd (ODD) closed down more than -49% after saying it expects its revenue for the first quarter of 2026 to decline -30% year-over-year.
GoDaddy (GDDY) closed down more than -14% to lead losers in the S&P 500 after forecasting full-year revenue of $5.20 billion to $5.28 billion, the midpoint below the consensus of $5.28 billion.
CoStar Group (CSGP) closes down more than -8% to lead losers in the Nasdaq 100 after forecasting Q1 adjusted EPS of 16 cents to 19 cents, weaker than the consensus of 25 cents.
MercadoLibre (MELI) closed down more than -8% to lead losers in the Nasdaq 100 after saying it is heavily investing to build its own agentic AI tools, spurring concerns that the heavy spending on AI will pressure its margins.
Lowe’s (LOW) closed down more than -5% after forecasting 2027 adjusted EPS of $12.25 to $12.75, below the consensus of $13.00.
Kinsale Capital Group (KNSL) closed down more than -2% after BMO Capital Markets downgraded the stock to underperform from market perform with a price target of $348.
Earnings Reports(2/26/2026)
AES Corp/The (AES), Autodesk Inc (ADSK), Block Inc (XYZ), Coterra Energy Inc (CTRA), Dell Technologies Inc (DELL), EMCOR Group Inc (EME), Hormel Foods Corp (HRL), Intuit Inc (INTU), J M Smucker Co/The (SJM), Monster Beverage Corp (MNST), NetApp Inc (NTAP), Public Service Enterprise Group (PEG), Qnity Electronics Inc (Q), SBA Communications Corp (SBAC), Sempra (SRE), Solventum Corp (SOLV), Viatris Inc (VTRS), Vistra Corp (VST), Warner Bros Discovery Inc (WBD), Zscaler Inc (ZS). On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
Nasdaq Futures Gain With All Eyes on Nvidia EarningsStock Index Futures Mixed With Focus on Trump’s SOTU Address and U.S. Economic DataStocks Set to Open Lower Amid Tariff Uncertainty, Nvidia Earnings and U.S. Economic Data AwaitedNVDA Earnings, Tariffs and Other Key Things to Watch this Week
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. |
| 25.02.26 22:02:59 |
Tech stocks today: Nvidia stock rises as guidance signals AI boom alive and well |
|
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Nvidia (NVDA), the world's largest company by market capitalization, reported fourth quarter results after the closing bell on Wednesday in a highly anticipated release amid growing concerns about how big bets on AI will pay off.
Nvidia's quarterly results have become a market-moving event over the past few years, as the chipmaker sells the chips that underpin the AI boom, has deep financial relationships with the Big Tech firms and startups that buy those chips, and remains the most heavily weighted stock in the S&P 500 (^GSPC).
Stocks rose on Wednesday as concerns about AI disruption eased and the rolling sell-offs in software and other sectors paused. Helping lift tech stocks were several new features and partnerships that Anthropic (ANTH.PVT) unveiled, as well as AMD's (AMD) 6-gigawatt GPU deal with Meta (META).
Nvidia's results and guidance that beat estimates suggested that AI demand continues to grow, a powerful signal for the dozens of other tech and software stocks caught in Nvidia's web of influence.
Follow along for the latest updates on Nvidia and the tech sector.LIVE15 updates
20 mins ago
Myles Udland
Hyperscalers accounted for more than 50% of Nvidia's data center sales in Q4
Big Tech giants can't get enough of Nvidia's chips.
Nvidia (NVDA) on Wednesday reported fourth quarter results that topped forecasts and signaled demand for its most advanced chips remains insatiable.
And a growing portion of that demand is coming from the so-called hyperscalers like Microsoft, Amazon, and Meta, who now account for more than half of the company's sales in its data center segment.
"Data Center revenue for the fourth quarter was a record $62.3 billion, up 75% from a year ago and up 22% sequentially, driven by the major platform shifts – accelerated computing and AI," Nvidia CFO Colette Kress said in a statement.
"For the fourth quarter, hyperscaler revenue increased and remained our largest customer category at slightly over 50% of Data Center revenue, while growth was led by the rest of our Data Center customers as revenue diversified."
The last time the company specified was portion of its data center sales were to these customers, the company said it was "approximately" 50%.
And while these are small percentage moves, the dollars at this scale are notable, and the increasing portion of sales going to these customers shows where these companies' massive capex plans show up. 21 mins ago
Grace O'Donnell
Nvidia earnings beat, guidance sends stock higher after hours
Nvidia (NVDA) earnings and revenue both topped Wall Street estimates, sending the stock higher in after-hours trading.
The company also offered Q1 guidance between $76.44 billion and $79.56 billion, above Wall Street's estimates of $72.8 billion without factoring in revenue from China.
Read the full earnings breakdown here > 44 mins ago
Grace O'Donnell
Nvidia earnings slam into market with no patience for AI hiccups
Nvidia stock (NVDA) climbed 1.4% on Wednesday as investors eagerly awaited (or braced for) the AI giant's fourth quarter report.
While Nvidia is widely expected to clear expectations, markets have been jumpy around artificial intelligence lately, making the report critical for sentiment across a host of other AI companies and the broader market.
Bloomberg reports:
Read more here. Today at 7:23 PM UTC
Grace O'Donnell
Samsung's new Galaxy S26 smartphone lineup goes big on AI as Apple works to catch up
Samsung's (005930.KS) latest line of Galaxy S26 smartphones features a variety of new AI features as the company seeks to expand its lead in artificial intelligence over Apple (AAPL).
Yahoo Finance's Daniel Howley reports:
Read more here. Today at 4:37 PM UTC
Grace O'Donnell
Trump lays out a new ground rule for Big Tech's AI build-out: Bring your own power
Yahoo Finance's Jake Conley reports:
Read more here. Today at 2:03 PM UTC
Grace O'Donnell
Anthropic drops hallmark safety pledge in race with AI peers
Bloomberg reports:
Read more here. Today at 1:47 PM UTC
Grace O'Donnell
Nvidia options imply smaller-than-usual stock move following earnings
Nvidia stock (NVDA) is poised to see its smallest post-earnings swing in three years after the company reports after the bell on Wednesday.
Nvidia options imply a move of about 5.6%, or $260 billion in market capitalization, in either direction on Thursday, according to Option Research & Technology Services (ORATS).
Nvidia stock advanced 0.8% in premarket trading on Wednesday ahead of the report as traders priced in their expectations.
"We feel generally pretty favorable in terms of Nvidia for the quarter and even for the guidance," FBB Capital Partners director of research Mike Bailey told Yahoo Finance. "I think the real question mark is sentiment."
"You know, Nvidia's stock has been right around with the market for ... three to six months," Bailey added. "To us, that suggests investors really don't have massive expectations built up for the quarter." Tue, February 24, 2026 at 9:07 PM UTC
Grace O'Donnell
Stripe reportedly considers acquiring PayPal
PayPal (PYPL) stock spiked 6% in afternoon trading after Bloomberg reported that payments processor Stripe (STRI.PVT) is reportedly interested in acquiring all or some of the legacy fintech company.
PayPal has reportedly been fielding unsolicited buyout offers after its stock suffered a major slide that wiped out 20% of its value year to date. People familiar with the matter told Bloomberg that Stripe was among the suitors that expressed preliminary interest in the company but that deliberations are still in the early stages.
On Tuesday, Stripe published an annual letter disclosing a tender offer agreement that values the company at $159 billion, a 74% increase from Stripe's $91.5 billion valuation a year ago. The sale of employee shares makes the privately held company one of the industry's most valuable companies. Tue, February 24, 2026 at 8:50 PM UTC
Grace O'Donnell
US official: China has not received any Nvidia H200 chips
Nvidia (NVDA) has not yet sold any of its H200 chips to Chinese customers, a Commerce Department official said on Tuesday.
"My understanding is that none so far," Commerce Assistant Secretary for Export Enforcement David Peters said at a congressional hearing when asked about Nvidia's second-most-powerful chips.
According to a Reuters report, the Chinese embassy in the US and Nvidia have yet to respond to requests for comment.
In late January, Beijing gave three of China's largest tech companies, ByteDance, Alibaba (BABA, 9988.HK), and Tencent (0700.HK, TCEHY), approval to purchase more than 400,000 H200 chips.
Read more from Reuters. Tue, February 24, 2026 at 8:00 PM UTC
Myles Udland
Dan Ives says Anthropic announcement 'impressive,' but fears companies 'rip and replace' existing software are overdone
Anthropic on Tuesday announced a new suite of enterprise offerings, the latest in a series of new capabilities boasted by AI labs like Google, Anthropic, and OpenAI that have shaken investor confidence in a variety of software solutions that may see their core product replaced by an AI facsimile.
But some Wall Street analysts aren't so sure the process will be quite that simple.
Dan Ives, high profile tech bull at Wedbush, wrote in a note Tuesday after Anthropic's announcement that, "While these use cases are impressive, the reality is that these new AI tools will not rip and replace existing software ecosystems and data environments with these AI tools only as useful as the data it can reach."
In Ives' view, there are three things investors who view these demos as a sign of AI outcompeting legacy solutions might be missing.
One — "The market is conflating foundation model capability with full enterprise software replacement and the fear that generative AI will 'rewrite legacy systems overnight' ignores enterprise reality."
Two — "AI agents and autonomous workflows dramatically increase the attack surface — more APIs, more machine identities, more lateral movement risk, and more cloud-native workloads. AI doesn’t reduce the need for endpoint, identity, cloud, and SOC automation, it multiplies it."
Three — "Anthropic/OpenAI do not have 20-year enterprise distribution networks, CIO relationships, or embedded vertical workflows. CRM, NOW, and MSFT sit at the application layer where business logic lives. The model layer will commoditize faster than the workflow layer."
The key point that I think Ives raises is that model advances — or other signs of what we might call technical brilliance — are not the same as an in-market product that gets customers to change their spending habits.
Obviously, as we saw with the market's reaction to a Substack post on Monday that was explicitly a thought experiment, there are lots of investor nerves about which advances could draw meaningful dollars from enterprises or consumers.
But as ever, the distance between a demo and a product can often be vast. Keeping that framework in mind might serve investors well in the current moment. Tue, February 24, 2026 at 5:28 PM UTC
Grace O'Donnell
Apple stock gains after the company says it will produce Mac minis in the US
Apple (AAPL) stock rose more than 2% on Tuesday, outperforming its "Magnificent Seven" tech peers, on news that the iPhone maker will deepen its manufacturing push in the US.
On Tuesday, Apple said it plans to move Mac mini production from Asia to a new facility in Houston. At that same site, Apple also plans to expand advanced AI server manufacturing as part of the $600 billion US manufacturing commitment it made last year amid pressure from the Trump administration.
Apple is also wielding its purchasing power to boost American chipmaking at a new Taiwan Semiconductor Manufacturing (TSM) factory north of Phoenix, the Wall Street Journal reported.
Year to date, Apple stock has held up better than its peers as the company stands back from the major up-front investments other Big Tech companies are making to build massive data centers. In that regard, my colleague Dan Howley points out, Apple's reluctance to be the first to roll out major AI upgrades — seen as a weakness against its peers — has become a kind of strength as the AI trade faces upheaval. Tue, February 24, 2026 at 3:00 PM UTC
Grace O'Donnell
Anthropic launches new enterprise offerings, raising the heat on software companies
Yahoo Finance's Daniel Howley reports:
Read the full story > Tue, February 24, 2026 at 2:38 PM UTC
Grace O'Donnell
AMD stock jumps at the open, Oracle shares slip further, IBM tries to recover from Monday's heavy losses
As stocks struggled to regain their footing after a bumpy start to the week, the tech sector remained under pressure at the start of the trading day on Tuesday.
Here's a look at some trending tech tickers moving on the latest tech news:
AMD (AMD) stock jumped 5% on news of the chipmaker's multiyear agreement with Meta (META) to supply 6 gigawatts in chips to the hyperscaler. Scroll down to read more about the deal or check out the full story here.
Oracle (ORCL) shares slipped further at the open after a report from The Information stated that the $500 billion Stargate project announced in January 2025 to build data centers has stalled after months of disputes among Oracle, OpenAI (OPAI.PVT), and Softbank (SFTBY). As a result, the project missed its self-imposed goal of delivering 10 gigawatts of AI computing capacity in 2025.
International Business Machines (IBM) shares began to recover after Anthropic's announcement that its Claude Code AI tool could help modernize Common Business-Oriented Language, or COBOL code, which is used in nearly all ATM transactions in the US. COBOL has been used in many of the enterprise systems IBM sells, leading investors to believe a core part of its business may be threatened by AI disruption. IBM stock rose more than 1%.
Alphabet (GOOG) stock slipped into the red at the open after its self-driving unit, Waymo, said it's expanding its robotaxi service in Dallas, Houston, San Antonio, and Orlando.
Uber (UBER) stock edged higher after the ride-hailing company announced on Monday that it would acquire SpotHero, a parking reservation app. Tue, February 24, 2026 at 1:28 PM UTC
Grace O'Donnell
Meta and AMD announce 6-gigawatt GPU deal as part of AI buildout
Yahoo Finance's Daniel Howley reports:
Read more here. Tue, February 24, 2026 at 1:24 PM UTC
Grace O'Donnell
What to look for when Nvidia reports Q4 earnings
Nvidia's (NVDA) quarterly results scheduled for Wednesday afternoon mark the winding down of earnings season, as the chip titan is the last of the "Magnificent Seven" tech companies to report.
But with Nvidia's GTC 2026 event only a few weeks away, news from the leading AI company may be just getting started.
Our technology editor, Dan Howley, previewed what to expect when Nvidia reports results (earnings per share of $1.53 on revenue of $65.8 billion; data center revenue of $60.2 billion for the quarter). Investors will also be looking for details on Blackwell chip sales and China sales.
Howley notes that although Nvidia recently launched a new AI superchip and announced a massive, multiyear deal with Meta, its stock price has seen a tepid reaction. That disconnect reveals a larger debate over the state of the artificial intelligence trade and whether it is plateauing or will continue to accelerate.
"The real debate is what growth looks like in 2027 and 2028," Deepwater Asset Management managing partner Gene Munster wrote in a blog post.
Read the full breakdown of what to watch when Nvidia reports earnings >
View Comments |
| 25.02.26 18:14:36 |
Stocks Climb Ahead of Nvidia’s Earnings Results |
|
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
The S&P 500 Index ($SPX) (SPY) today is up +0.37%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.51%. March E-mini S&P futures (ESH25) are up +0.29%, and March E-mini Nasdaq futures (NQH25) are up +0.39%.
Stock indexes are moving higher today, led by strength in chip stocks. Also, some positive corporate news is boosting the overall market. Super Micro Computer is up more than +16% after it filed its 10-K for the period ending June 30 to meet a deadline for submitting outstanding financial reports to regain compliance and stay listed on the Nasdaq exchange. Axon Enterprise is up more than +13% after reporting better-than-expected Q4 net sales and forecasting full-year revenue above consensus. In addition, Intuit is up more than +12% after reporting stronger-than-expected Q2 net revenue.The Barchart Brief: Your FREE insider update on the biggest news stories and investing trends, delivered midday
Stocks found support today, and bond yields rose after House Republicans passed a budget blueprint on Tuesday night calling for deep cuts to programs such as Medicaid, paving the way for $4.5 trillion in tax cuts. The House passage is the first step in a process that allows Republicans to bypass Senate Democrats on legislation related to taxes and spending, but it does not guarantee an extension of the expiring 2017 Trump tax cuts. The Senate plans to make changes to the House blueprint before passing it, which could raise new objections among House Republicans. The House passed the budget plan 217 to 215, and the blueprint would raise the US debt limit by $4 trillion, avoiding a potential default this summer. Congress has until December 31 to extend expiring individual and business tax cuts enacted in 2017.
Copper prices (HGH25) jumped more than +3% today to a 1-1/2 week high after President Trump Tuesday evening signed an executive order directing the Commerce Department to examine possible tariffs on US copper imports.
US weekly MBA mortgage applications fell -1.2% in the week ended February 21, with the purchase mortgage sub-index up +0.2% and the refinancing mortgage sub-index down -3.6%. The average 30-year fixed rate mortgage fell -5 bp to 6.88% from 6.93% in the prior week.
Stock investors are looking ahead to Nvidia's earnings report after today's close. This remainder of this week's USeconomic calendaris busy. Thursday's US Q4 GDP report is expected to show an increase of +2.3% (q/q annualized), with a +4.1% increase in personal consumption. Friday's Jan PCE price index report, the Fed's preferred inflation measure, is expected to ease slightly to +2.5% y/y from December's +2.6%, and the core index is expected to ease to +2.6% y/y from December's +2.8%. The expected Jan PCE reports of +2.5% nominal and +2.6% core would leave those measures at or above their 3-3/4 year lows posted in 2024 of +2.1% and +2.6%, respectively, and well above the Fed's +2% inflation target.
The markets are discounting the chances at 2% for a -25 bp rate cut at the next FOMC meeting on March 18-19.
Overseas stock markets today are mixed. The Euro Stoxx 50 is up +1.50%. China's Shanghai Composite Index closed up +1.02%. Japan's Nikkei Stock 225 fell to a 4-month low and closed down -0.25%.
Interest Rates
March 10-year T-notes (ZNH25) today are up by +2 ticks. The 10-year T-note yield is down -0.8 bp to 4.289%. March T-notes are slightly higher, just below Tuesday's 2-1/2 month high, and the 10-year T-note yields fell to a 2-1/2 month low of 4.279%. T-notes are climbing today on positive carryover from Tuesday when US Feb consumer confidence tumbled to an 8-month low. T-notes also have some positive carryover from today's rally in European government bonds.
Gains in T-notes are limited after House Republicans passed a budget blueprint late Tuesday evening calling for tax cuts that will boost the deficit and could lead to an increase of Treasury debt to help pay for the cuts. Supply pressures are also weighing on T-notes as the Treasury will sell $28 billion of floating-rate 2-year T-notes and $44 billion of 7-year T-notes this afternoon.
European bond yields are falling today. The 10-year German bund yield dropped to a 1-1/2 week low of 2.421% and is down -2.3 bp to 2.435%. The 10-year UK gilt yield fell to a 1-1/2 week low of 4.470% and is down -2.7 bp to 4.482%.
The German Mar GfK consumer confidence index unexpectedly fell -2.1 to an 11-month low of -24.7, weaker than expectations of an increase to -21.6.
Swaps are discounting the chances at 100% for a -25 bp rate cut by the ECB at the March 6 policy meeting.
US Stock Movers
Chip stocks are climbing today to recover some of Tuesday's sharp losses. Micron Technology (MU) is up more than +3% and Nvidia (NVDA) is up more than +2% to lead gainers in the Dow Jones Industrials ahead of its earnings report after today's close. Also, Marvell Technology (MRVL), Broadcom (AVGO), and Intel (INTC) are up more than +2%.
Super Micro Computer (SMCI) is up more than +20% to lead gainers in the S&P 500 after it filed its 10-K for the period ending June 30 to meet a deadline for submitting outstanding financial reports to regain compliance and stay listed on the Nasdaq exchange.
Axon Enterprise (AXON) is up more than +16% to lead gainers in the Nasdaq 100 after reporting Q4 net sales of $575.1 million, better than the consensus of $566.6 million, and forecasting full-year revenue of $2.55 billion-$2.65 billion, the midpoint above the consensus of $2.56 billion.
ZoomInfo Technologies (ZI) is up more than +16% after reporting Q4 adjusted EPS of 26 cents, better than the consensus of 23 cents, and forecast full-year adjusted EPS of 95 cents-97 cents, stronger than the consensus of 92 cents.
Intuit (INTU) is up more than +12% after reporting Q2 net revenue of $3.96 billion, stronger than the consensus of $3.83 billion.
Workday Inc (WDAY) is up more than +8% after reporting Q4 revenue of $2.21 billion, better than the consensus of $2.18 billion.
General Motors (GM) is up more than +6% after it said it plans to raise its quarterly dividend and boost its share buyback program to $6 billion.
Freeport-McMoRan (FCX) is up more than +3% after copper prices jumped more than +3% to a 1-1/2 week high when President Trump signed an executive order that may lead to tariffs on US copper imports.
Grocery Outlet (GO) is down more than -30% after forecasting full-year adjusted EPS of 70 cents-75 cents, well below the consensus of 95 cents.
Health insurance stocks are under pressure today after the Wall Street Journal said Republican Senator Grassley is pushing for greater oversight of Medicare Advantage plans. As a result, Molina Healthcare (MOH) is down more than -5% to lead losers in the S&P 500. Also, Centene (CNC), HCA Healthcare (HCA), and Universal Health Services (UHS) are down more than -4%. In addition, Elevance Health (ELV) and Cigna Group (CI) are down more than -1%.
AppLovin (APP) is down more than -17% to lead losers in the Nasdaq 100 after Culper Research and Fuzzy Panda published short reports against the company.
Maplebear (CART) is down more than -9% after forecasting Q1 adjusted Ebitda of $220 million-$230 million, weaker than the consensus of $237.1 million.
Zeta Global Holdings (ZETA) is down more than -7% after forecasting Q1 revenue of $253 million-$255 million, below the consensus of $256.1 million.
Keysight Technologies (KEYS) is down more than -5% after reporting Q1 orders of $1.26 billion, below the consensus of $1.30 billion.
Earnings Reports (2/26/2025)
Verisk Analytics Inc (VRSK), NRG Energy Inc (NRG), Lowe's Cos Inc (LOW), TJX Cos Inc/The (TJX), Invitation Homes Inc (INVH), Agilent Technologies Inc (A), APA Corp (APA), Universal Health Services Inc (UHS), Synopsys Inc (SNPS), eBay Inc (EBAY), NVIDIA Corp (NVDA), FirstEnergy Corp (FE), Salesforce Inc (CRM), Paramount Global (PARA).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. |
| 25.02.26 16:47:46 |
5 industries that have gotten rocked by the AI 'scare trade' defining markets this year |
|
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
For weeks, investors have been increasingly concerned that AI is advancing so rapidly that the business models of some of the S&P 500's (^GSPC) most iconic players could take a major hit.
What began as a software sell-off last month has rapidly spread to other industries, fueled by fears that AI could undermine traditional software pricing models or replace fee-based services such as brokerage and consulting.
"There is a wrecking ball bouncing from one industry to the next, and folks are calling it the AI Scare Trade," Craig Basinger, chief market strategist at Purpose Investments, wrote earlier this month.
That sentiment was punctuated on Monday by a Substack post from Citrini Research, which noted the potential wipeout of middle-class, white-collar jobs as tasks become automated.
"In the near term, right now, for us as investors, we have to deal with soured sentiment on AI," Sevens Report founder Tom Essaye told Yahoo Finance on Tuesday morning.
Here's how the trade unfolded, and which sectors have taken the biggest hits.
Software
The first AI-driven stock market cracks appeared in enterprise software as investors grew concerned that rapidly developing AI tools from Anthropic (ANTH.PVT) could reduce the need for data analytics and research, threatening legacy software's core subscription model.
Salesforce (CRM) stock has fallen nearly 30% year to date, while Adobe (ADBE) dropped 25% over the same period amid fears that AI will erode the creative software maker's pricing power. Human resources and workflow platforms ServiceNow (NOW) has declined 30%.
Meanwhile, Workday (WDAY) fell to a five-year low on Wednesday after its revenue forecast missed expectations and its CEO tried to dispel AI disruption fears.
Wall Street analysts have called the selling overblown. But even after Anthropic announced a wave of software partnerships tied to AI tools, the Tech-Software Sector ETF (IGV) remains down 26% year to date.
Cboe US - Nasdaq Real Time Price•USD
(IGV)
Follow View Quote Details
80.26 +1.85 (+2.36%)
As of 11:49:33 AM EST. Market Open. IGV^GSPC
Advanced Chart
The sell-off found fresh legs on Monday when Anthropic released a tool to automate the update of legacy code across finance and government, work that traditionally requires costly consultants.
Investors flagged the advancement as a threat to IBM's (IBM) revenue streams. Shares of the cloud and software giant rebounded on Tuesday after posting the worst daily loss in 25 years.
Cybersecurity firms
Cybersecurity firms have been hit after Anthropic announced a new security tool on Feb. 20, impacting shares of CrowdStrike (CRWD), Zscaler (ZS), and Cloudflare (NET).
On Monday, those names extended the slide as fresh worries over AI disruption spread through the market.
Story Continues
Read more: How to protect your portfolio from an AI bubble
Financial services
Wealth management stocks like Charles Schwab (SCHW) and Raymond James (RJF) plunged this month after the launch of an AI-driven tax tool that allows advisers to customize strategies for clients.
The tool raised fears that automation could put pressure on the industry's high advisory fees.
Credit rating and data analytics firms have also stumbled. And S&P Global (SPGI) and Moody's (MCO) have faced pressure amid fears that AI-powered analytics platforms could eventually compete with traditional subscription data services.
Additionally, American Express (AXP) sank more than 6% this week after Citrini Research hypothesized that AI-related unemployment would rise, gutting the credit card giant's customer base.
Bank stocks JPMorgan (JPM), Citigroup (C), and Morgan Stanley (MS) also fell more than 4% following the gloomy scenario.
On Monday, JPMorgan CEO Jaime Dimon said the nation's biggest bank is more likely to be a winner than a victim of AI.
"In my view, we will be a winner," Dimon said. "We've always had the strategy to use technology to do a better job for our customers. And we're quite good at it."
Real estate services
Earlier this month, investors began selling real estate stocks amid fears that AI tools could streamline property valuations, market research, and leasing and rental matching following Anthropic's release of legal and document-processing plug-ins for its Claude model.
Analysts pointed not only to the threat of high-fee, labor-intensive costs coming down for title searches and legal negotiations, but also to the potential for cratering demand for physical office space due to fewer jobs.
Commercial real estate firms CBRE Group (CBRE), Jones Lang LaSalle (JLL), and Cushman & Wakefield (CWK) have rebounded from their sharp falls earlier this month but are still negative for the year.
Logistics and transportation
Freight brokers and transportation intermediaries, which rely on coordination, routing, and pricing optimization, were also punished this month after a Florida-based company announced a new tool that would scale freight volumes without increasing headcount.
Shares of C.H. Robinson (CHRW) and Universal Logistics (ULH) were able to recover from recent losses.The AI trade scare has spread well beyond software stocks as investors question whether the business models of various industries will hold up. (AP Photo/Richard Drew)·ASSOCIATED PRESS
Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre.
Click here for in-depth analysis of the latest stock market news and events moving stock prices
Read the latest financial and business news from Yahoo Finance
View Comments |
| 25.02.26 16:34:46 |
ServiceNow (NOW)’s CEO is Doing Everything He Can, Says Jim Cramer |
|
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
We recently published 10 Stocks Jim Cramer Discussed & Continued To Talk About AI & Enterprise Software. ServiceNow Inc (NYSE:NOW) is one of the stocks Jim Cramer discussed.
ServiceNow Inc (NYSE:NOW) is an enterprise workflow management software provider. Its shares are down by 44% year-to-date and by 30% year-to-date. Well-known financial firm Wedbush discussed the software company in February. It added ServiceNow Inc (NYSE:NOW) to its IVES AI 30 list and outlined that the recent selloff in software stocks was overdone. According to Wedbush, since the AI revolution is still in its early stages, the market is overestimating the risks posed to software companies. Cramer also frequently discussed the impact of AI on the software industry. The CNBC TV host has asserted on several occasions that the industry’s seat-based business model is creating difficulties in a changed market environment. Bernstein kept an Outperform rating and a $219 share price target on ServiceNow Inc (NYSE:NOW) on January 30th. It outlined that the firm appeared to be a growth opportunity in large-cap stocks due to the recent share price weakness. As for Cramer, he’s excited about ServiceNow Inc (NYSE:NOW)’s upcoming share buyback:ServiceNow (NOW)'s CEO is Doing Everything He Can, Says Jim Cramer
“Everyday I hear that the whole business is going away. I don’t believe that ServiceNow, with Bill McDermott buying a big slug coming up on Feb 27th. . .
While we acknowledge the potential of NOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. Follow Insider Monkey on Google News.
View Comments |
| 25.02.26 15:31:00 |
Viral '2028 Global Intelligence Crisis' Report Models Potential AI-Driven S&P 500 Crash To 3,500 |
 |
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
The S&P 500(NYSE:SPY) could plunge to 3,500 by 2028 if the AI revolution succeeds too well, according to a chilling “pre-mortem” scenario released by Citrini Research.
The firm warns that a “Global Intelligence Crisis” is forming, where rampant productivity gains flow solely to compute owners like Nvidia(NASDAQ:NVDA), leaving the consumer economy to collapse under the weight of mass white-collar unemployment.
How Too Much Intelligence Could Kill The Market
The analysts describe a terrifying “negative feedback loop” with no natural brakes.
As AI capabilities improve, companies rationally cut headcount to boost margins, but these displaced workers stop spending.
Don't Miss:
This AI Helps Fortune 1000 Brands Avoid Costly Ad Mistakes — See Why Investors Are Paying Attention This Energy Storage Company Already Has $185M in Contracts—Shares Are Still Available
Since machines don’t buy houses or iPhones, this creates “Ghost GDP”—output that looks good on national accounts but never circulates through the real economy.
The result is an “Intelligence Displacement Spiral” where the S&P 500 peaks near 8,000 in 2026 before the underlying consumer demand evaporates, triggering a deflationary depression that rivals the Great Financial Crisis.
The first dominos to fall in this scenario are the “seat-based” SaaS models.
The memo models a collapse in shares of companies like ServiceNow(NASDAQ:NOW), predicting an “extinction event” where clients replace expensive software licenses with proprietary AI agents built in-house for pennies.
The contagion quickly spreads to the “friction economy.” Uber(NASDAQ:UBER), DoorDash(NASDAQ:DASH), and payment giants like Mastercard(NASDAQ:MA) and Visa(NASDAQ:V) see their moats vanish as AI agents ruthlessly optimize costs, bypassing apps and routing transactions through stablecoins on Solana(CRYPTO: SOL) to evade interchange fees.
Trending: Before the IPO: How One Company Quietly Locked Up 500+ Iconic Character Rights
What Could Trigger The Next Financial Crisis
The financial contagion eventually detonates the $2.5 trillion private credit market.
The authors predict massive defaults in private equity-backed software loans held by the insurance arms of asset managers like Apollo Global Management(NASDAQ:APO), KKR & Co(NASDAQ:KKR), and Blackstone(NASDAQ:BX).
This liquidity crisis spills into the housing market, but with a twist: unlike 2008, this crash targets the prime borrower.
Story Continues
Home prices in wealthy tech hubs like San Francisco and Austin could collapse as high-earning professionals face structural unemployment, threatening the solvency of the $13 trillion mortgage market.
See Also: 1.5 Million Users Are Already Working Inside This AI Platform — Investors Can Still Get In
What It Means For Crypto
For crypto investors, the outlook is a violent double-edged sword.
A liquidity shock would likely crush Bitcoin(CRYPTO: BTC) and altcoins in the short term, mirroring the March 2020 flush as investors rush to cash.
However, the scenario suggests a long-term supercycle for decentralized assets.
As trust in institutions crumbles and governments launch massive fiscal stimulus to fund “transition economy” welfare, Bitcoin could emerge as the ultimate hedge against monetary debasement, while AI agents adopt permissionless crypto rails as the native currency of the new machine economy.
Image: Shutterstock
Read Next: Invest Like Hollywood's Elite: Own a Stake in Valley Wellness' Luxury Behavioral Health Retreat
Building Wealth Across More Than Just the Market
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry.
Rad AI
Rad AI's award-winning artificial intelligence technology helps transform data chaos into actionable insights, enabling the creation of high-performing content with measurable ROI. Their Regulation A+ offering allows investors to participate at $0.85 per share with a minimum investment of $1,000, providing an opportunity to diversify portfolios into early-stage AI innovation. For investors seeking exposure to the rapidly growing AI and tech sector, Rad AI offers a chance to get in on the ground floor of a data-driven growth story.
Paladin
Paladin Power is addressing the growing demand for energy independence with a fire-safe energy storage system that doesn't rely on lithium-ion batteries. Instead, its ESS uses non-lithium, solid-state graphene battery technology designed for durability, safety, and long service life—positioning it as an alternative to fire-prone storage solutions that dominate today's market. Since launching in 2023, Paladin has generated $185 million in contracted revenue, achieved strong year-over-year growth, and secured a manufacturing agreement with NYSE-listed Jabil. With systems already deployed across residential and commercial properties and a $500B global electrification market opportunity ahead, Paladin offers investors exposure to decentralized energy infrastructure backed by real contracts, U.S.-based manufacturing, and scalable next-generation technology.
Elf Labs
Elf Labs is an IP-focused entertainment company built on a strategy that has powered giants like Disney and Marvel: ownership of globally recognized character IP.After more than a decade of rights acquisition, the company controls 500+ protected trademarks and copyrights tied to iconic characters including Cinderella, Snow White, Rapunzel, Sleeping Beauty, and Peter Pan. This foundation has generated over $15 million in royalties, expanded licensing into 30+ countries, and supported development of 100+ product lines. With its Nasdaq ticker ($ELFS) reserved and valuation growth exceeding 1,600% in under two years, Elf Labs is now scaling distribution through patented production systems, global licensing, and streaming and mobile initiatives—offering investors exposure to a private entertainment company with a clear public-market trajectory.
Valley Center Wellness
Valley Center Wellness is setting a new benchmark in luxury behavioral health with its flagship facility in Corona, California. Designed as a private, resort-style wellness retreat on a 4.2-acre estate, the center combines discretion, comfort, and comprehensive care, offering patients private chefs, daily massages, acupuncturist sessions, and access to a pool, spa, gym, and basketball court. Focused on high-profile and affluent clients, Valley Wellness provides fully customized treatment plans outside the constraints of insurance, emphasizing long-term recovery, holistic wellness, and life-after-addiction strategies. Through its three-stage care model—including residential, outpatient, and transitional housing—patients experience continuity of care that supports lasting change. For investors, Valley Wellness has launched an equity crowdfunding opportunity, offering a way to participate in a fast-growing $42 billion behavioral health sector while gaining exposure to both high-end real estate and a premium healthcare business.
Immersed
Immersed is a private, pre-IPO technology company operating at the intersection of AI, spatial computing, and remote work. Best known for building the most widely used productivity app on the Meta Quest platform, Immersed enables professionals and teams to work full-time in shared virtual environments across macOS, Windows, and Linux. The company is expanding beyond software with its own productivity-focused XR headset and AI tools, supported by partnerships with major technology firms including Meta, Samsung, and Qualcomm. Immersed is currently allowing retail investors to participate in its pre-IPO round, subject to eligibility and offering terms.
Arrived
Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.
Lightstone
Lightstone DIRECT gives accredited investors direct access to institutional-grade real estate, going beyond typical crowdfunding platforms. By cutting out middlemen, it aligns investor and manager interests while providing exposure to a $12B+ portfolio spanning multifamily, industrial, hospitality, retail, office, and life science properties. This approach allows investors to diversify their portfolios across multiple property types and markets, gaining professional-grade real estate exposure without the fees or misalignment common on other platforms.
Masterworks
Masterworks enables investors to diversify into blue-chip art, an alternative asset class with historically low correlation to stocks and bonds. Through fractional ownership of museum-quality works by artists like Banksy, Basquiat, and Picasso, investors gain access without the high costs or complexities of owning art outright. With hundreds of offerings and strong historical exits on select works, Masterworks adds a scarce, globally traded asset to portfolios seeking long-term diversification.
Bam Capital
BAM Capital offers accredited investors a way to diversify beyond public markets through institutional-grade multifamily real estate. With over $1.85 billion in completed transactions and guidance from Senior Economic Advisor Tony Landa, the firm targets income and long-term growth as supply tightens and renter demand remains strong—especially in Midwest markets. Its income-focused and growth-oriented funds provide exposure to real assets designed to be less tied to stock market volatility.
Kraken
As digital assets become a larger part of diversified portfolios, traders increasingly look for platforms that offer transparency, efficiency, and control. Kraken Pro is an advanced trading interface from Kraken, one of the world's leading cryptocurrency exchanges, designed for users who want more sophisticated tools without added complexity. With low, volume-based fees, a streamlined interface for managing spot, margin, and futures trading, and a strong focus on security and regulatory compliance, Kraken Pro provides a way to gain diversified crypto exposure through a clear, professional-grade trading experience.
Rex Shares
REX Shares designs specialized ETFs for investors who want more precision than traditional broad-market funds can offer. Its lineup spans options-based income strategies, leveraged and inverse exposures, spot-linked crypto ETFs, and thematic funds tied to structural trends. By targeting specific income objectives, volatility profiles, or market themes, these ETFs can be used alongside core holdings to introduce differentiated return drivers and reduce reliance on a single market outcome, while maintaining the liquidity and transparency of the ETF structure.
Motley Fool
Motley Fool Asset Management brings its long-standing "Foolish" investing philosophy into a lineup of passive ETFs designed around clear, rules-based investment styles. Built using decades of proprietary research from The Motley Fool, LLC, these factor-based ETFs focus on growth, value, and momentum strategies, selecting U.S. companies based on quality, risk, and long-term potential. For investors who want professionally vetted stock exposure without the demands of active trading, Motley Fool Asset Management offers a straightforward way to access expert-driven strategies through the simplicity and liquidity of an ETF.
Finance Advisors
Finance Advisors helps Americans approach retirement with greater clarity by connecting them to vetted, fiduciary financial advisors who specialize in tax-aware retirement planning. Rather than focusing on products or investment performance alone, the platform emphasizes strategies that account for after-tax income, withdrawal sequencing, and long-term tax efficiency—factors that can materially impact retirement outcomes. Free to use, Finance Advisors gives individuals with meaningful savings access to a level of planning sophistication historically reserved for high-net-worth households, helping reduce hidden tax risk and improve long-term financial confidence.
Public
Public is a multi-asset investing platform built for long-term investors who want more control, transparency, and innovation in how they grow wealth. Founded in 2019 as the first broker-dealer to offer commission-free, real-time fractional investing, Public now lets users invest in stocks, bonds, options, crypto, and more—all in one place. Its latest feature, Generated Assets, uses AI to turn a single idea into a fully customized, investable index that can be explained and backtested before committing capital. Combined with AI-powered research tools, clear explanations of market moves, and an uncapped 1% match for transferring an existing portfolio, Public positions itself as a modern platform designed to help serious investors make more informed decisions with context.
Money Pickle
Money Pickle helps people connect with vetted fiduciary financial advisors—professionals who are legally obligated to act in their clients' best interests.Through a quick online quiz, users are matched with a fiduciary for a complimentary, no-obligation one-on-one strategy session tailored to goals like retirement planning, investing, tax strategy, or getting financially organized. With no upfront costs and no sales pressure, Money Pickle removes the friction and uncertainty from finding trustworthy advice, making personalized financial guidance accessible whether you're building wealth, preserving it, or planning for the future.
This article Viral '2028 Global Intelligence Crisis' Report Models Potential AI-Driven S&P 500 Crash To 3,500 originally appeared on Benzinga.com
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
View Comments |
| 25.02.26 15:25:59 |
HSBC defends enterprise software with valuations at ‘historic lows’ |
|
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
HSBC believes enterprise software “will not be threatened by AI.” Rather, AI will be embedded within software platforms, the analyst tells investors in a research note titled “Software Will Eat AI.” The firm says enterprise software companies have been “doing the heavy lifting of designing, vibe-coding, and beta testing of embedded agents.” HSBC points out that software valuation levels are at “historic lows, even though the sector is poised to expand massively.” Software vendors are best suited for creating software with AI, the firm contends. Among the analyst’s Buy-rated software names are Oracle (ORCL), Autodesk (ADSK), Akamai (AKAM), Salesforce (CRM), CrowdStrike (CRWD), Alphabet (GOOGL) (GOOG), HP Inc. (HPQ), Intuit (INTU), Microsoft (MSFT), ServiceNow (NOW), Palantir (PLTR), TE Connectivity (TEL), and Zoom Communications (ZM).
Claim 50% Off TipRanks Premium
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ORCL:
Disclaimer & DisclosureReport an Issue
Why Is Vanguard S&P 500 ETF (VOO) Up Today, 2/24/2026? SPDR S&P 500 ETF Trust (SPY) Daily Update, 2/23/2026 OpenAI’s New Spending Plan Is Still a Positive for Microsoft and Oracle, Says BNP Paribas Hunterbrook says Stargate running on niche Baudouin generators tied to Generac Why Is Vanguard S&P 500 ETF (VOO) Down Today, 2/23/2026?
View Comments |
| 25.02.26 14:37:09 |
Anthropic product event shows competition risk to software overblown: Wedbush |
|
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
[Wall Street Christmas Tree]
cmart7327
Following Anthropic's (ANTHRO [https://seekingalpha.com/symbol/ANTHRO]) product event, Wedbush (IVES [https://seekingalpha.com/symbol/IVES]) said that competition risk to software is overblown.
Analysts led by Dan Ives said that Anthropic hosted its Enterprise Agent event, where the company provided product updates that make Claude Cowork effective for enterprises. The company showed live demos from senior leadership across enterprises with an increased focus on agent-based workflows and enterprise integration.
The use cases included Spotify (SPOT [https://seekingalpha.com/symbol/SPOT]) for reduced engineering time on complex code migrations, Novo Nordisk (NVO [https://seekingalpha.com/symbol/NVO]) for improved clinical study documentation timelines, and Salesforce (CRM [https://seekingalpha.com/symbol/CRM]) for reduced timelines in Slack.
"While these use cases are impressive, the reality is that these new AI tools will not rip and replace existing software ecosystems and data environments with these AI tools only as useful as the data it can reach," said Ives and his team.
Wedbush highlighted some key takeaways from the product demo.
FOUNDATION MODELS DO NOT EQUAL ENTERPRISE-GRADE SOFTWARE PLATFORMS
The analysts said that the market is conflating foundation model capability with full enterprise software replacement, and the fear that generative AI will 'rewrite legacy systems overnight' ignores enterprise reality.
"Anthropic and OpenAI demos showcase raw model intelligence, not workflow orchestration, compliance infrastructure, auditability, security controls, integrations, billing systems, uptime guarantees, or enterprise grade SLAs [Service Level Agreements]," said Ives and his team.
The analysts added that companies like Microsoft (MSFT [https://seekingalpha.com/symbol/MSFT]), Salesforce (CRM [https://seekingalpha.com/symbol/CRM]), ServiceNow (NOW [https://seekingalpha.com/symbol/NOW]), and Pegasystems (PEGA [https://seekingalpha.com/symbol/PEGA]) are deeply embedded workflow systems of record, and replacing them would require ripping out mission-critical infrastructure, not simply layering in a large language model, or LLM.
AI INCREASES COMPLEXITY, COMPLEXITY EXPANDS CYBER SPEND
Ives and his team said that AI agents and autonomous workflows dramatically increase the attack surface — more Application Programming Interfaces, or APIs, more machine identities, more lateral movement risk, and more cloud-native workloads. AI does not reduce the need for endpoint, identity, cloud, and Security Operations Center, or SOC, automation, it multiplies it, the analysts added.
The analysts noted that the more enterprises deploy LLM-powered agents, the more run-time monitoring, identity governance, model security, and zero-trust enforcement they require. CrowdStrike (CRWD [https://seekingalpha.com/symbol/CRWD]), Palo Alto Networks (PANW [https://seekingalpha.com/symbol/PANW]), and Zscaler (ZS [https://seekingalpha.com/symbol/ZS]) are winners and not losers in this AI world, according to the analysts.
DISTRIBUTION WINS IN ENTERPRISE SOFTWARE, NOT MODEL PERFORMANCE
The analysts said that Anthropic and OpenAI (OPENAI [https://seekingalpha.com/symbol/OPENAI]) do not have a 20-year enterprise distribution network, chief investment officer, or CIO, relationships, or embedded vertical workflows. Salesforce, ServiceNow, and Microsoft sit at the application layer where business logic lives.
"The Anthropic/OpenAI releases increase urgency to automate workflows, which strengthens the strategic importance of these platforms rather than weakens them. If anything, AI urgency is accelerating deal cycles. AI is more likely to drive a modernization cycle than bypass the installedbase as AI is lowering the friction of legacy transformation projects," said Ives and his team.
VALUATION COMPRESSION IS DISCONNECTED FROM FORWARD EARNINGS RISK
The analysts said that the magnitude of multiple contractions implies structural revenue impairment. Yet there is no evidence of customer churn acceleration, budget freezes or competitive displacement in reported results, the analysts added. The market is reacting to demo risk, not data risk, according to the analysts.
In addition, Ives and his team said that concerns around Microsoft (MSFT [https://seekingalpha.com/symbol/MSFT]) are overblown and noted that it is a major buying opportunity for the biggest tech name.
The analysts also said that the IBM (IBM [https://seekingalpha.com/symbol/IBM]) sell-off was unwarranted. The analysts noted that IBM remains deeply embedded in mission-critical mainframe environments running decades-old COBOL-based systems, and even if AI accelerates code translation or modernization, enterprises still require structured migration, compliance validation, and systems integration, such areas where IBM already has deep relationships in monetizing services and infrastructure.
"AI is more likely to drive a modernization cycle than bypass the installed base as AI is lowering the friction of legacy transformation projects," said Ives and his team.
MORE ON ANTHROPIC AND WEDBUSH
* IVES: Too Risky In This Tech-Heavy Market (Rating Downgrade) [https://seekingalpha.com/article/4865148-ives-etf-too-risky-in-this-tech-heavy-market]
* IVES: This AI Fund Probably Won't Deliver Long-Term Alpha [https://seekingalpha.com/article/4849377-ives-ai-fund-probably-wont-deliver-long-term-alpha]
* Anthropic softens AI safety policy to stay competitive [https://seekingalpha.com/news/4556427-anthropic-updated-responsible-scaling-policy-ai]
* Hegseth gives Anthropic deadline to remove safeguards; threatens use of Defense Production Act: report [https://seekingalpha.com/news/4556116-hegseth-gives-anthropic-deadline-to-remove-safeguards-threatens-use-of-defense-production-act-report]
* Seeking Alpha’s Quant Rating on Anthropic [https://seekingalpha.com/symbol/ANTHRO/ratings/quant-ratings]
|
| 25.02.26 14:00:09 |
Tech news today: Nvidia earnings on deck as tech stocks rebound, Anthropic relieves some AI fears |
|
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Nvidia (NVDA), the world's largest company by market capitalization, will report fourth quarter results after the closing bell on Wednesday. The closely watched release could renew faith in the artificial intelligence trade or add fuel to growing concerns about how big bets on AI will pay off.
Nvidia's quarterly results have become a market-moving event over the past few years, as the chipmaker sells the chips that underpin the AI boom, has deep financial relationships with the Big Tech firms and startups that buy those chips, and remains the most heavily weighted stock in the S&P 500 (^GSPC).
Stocks rose on Tuesday as concerns about AI disruption eased and the rolling sell-offs in software and other sectors paused. Helping lift tech stocks were several new features and partnerships that Anthropic (ANTH.PVT) unveiled, as well as AMD's (AMD) 6-gigawatt GPU deal with Meta (META).
With markets continuing to rebound on Wednesday morning, investors will pay close attention to what Nvidia's results and guidance tell markets about the state of AI demand and what that means for dozens of other tech and software stocks caught in Nvidia's web of influence.
Follow along for the latest updates on Nvidia and the tech sector.LIVE10 updates
Featured
Tue, February 24, 2026 at 1:24 PM UTC
Grace O'Donnell
What to look for when Nvidia reports Q4 earnings
Nvidia's (NVDA) quarterly results scheduled for Wednesday afternoon mark the winding down of earnings season, as the chip titan is the last of the "Magnificent Seven" tech companies to report.
But with Nvidia's GTC 2026 event only a few weeks away, news from the leading AI company may be just getting started.
Our technology editor, Dan Howley, previewed what to expect when Nvidia reports results (earnings per share of $1.53 on revenue of $65.8 billion; data center revenue of $60.2 billion for the quarter). Investors will also be looking for details on Blackwell chip sales and China sales.
Howley notes that although Nvidia recently launched a new AI superchip and announced a massive, multiyear deal with Meta, its stock price has seen a tepid reaction. That disconnect reveals a larger debate over the state of the artificial intelligence trade and whether it is plateauing or will continue to accelerate.
"The real debate is what growth looks like in 2027 and 2028," Deepwater Asset Management managing partner Gene Munster wrote in a blog post.
Read the full breakdown of what to watch when Nvidia reports earnings >
3 mins ago
Grace O'Donnell
Anthropic drops hallmark safety pledge in race with AI peers
Bloomberg reports:
Read more here. 19 mins ago
Grace O'Donnell
Nvidia options imply smaller-than-usual stock move following earnings
Nvidia stock (NVDA) is poised to see its smallest post-earnings swing in three years after the company reports after the bell on Wednesday.
Nvidia options imply a move of about 5.6%, or $260 billion in market capitalization, in either direction on Thursday, according to Option Research & Technology Services (ORATS).
Nvidia stock advanced 0.8% in premarket trading on Wednesday ahead of the report as traders priced in their expectations.
"We feel generally pretty favorable in terms of Nvidia for the quarter and even for the guidance," FBB Capital Partners director of research Mike Bailey told Yahoo Finance. "I think the real question mark is sentiment."
"You know, Nvidia's stock has been right around with the market for ... three to six months," Bailey added. "To us, that suggests investors really don't have massive expectations built up for the quarter." Tue, February 24, 2026 at 9:07 PM UTC
Grace O'Donnell
Stripe reportedly considers acquiring PayPal
PayPal (PYPL) stock spiked 6% in afternoon trading after Bloomberg reported that payments processor Stripe (STRI.PVT) is reportedly interested in acquiring all or some of the legacy fintech company.
PayPal has reportedly been fielding unsolicited buyout offers after its stock suffered a major slide that wiped out 20% of its value year to date. People familiar with the matter told Bloomberg that Stripe was among the suitors that expressed preliminary interest in the company but that deliberations are still in the early stages.
On Tuesday, Stripe published an annual letter disclosing a tender offer agreement that values the company at $159 billion, a 74% increase from Stripe's $91.5 billion valuation a year ago. The sale of employee shares makes the privately held company one of the industry's most valuable companies. Tue, February 24, 2026 at 8:50 PM UTC
Grace O'Donnell
US official: China has not received any Nvidia H200 chips
Nvidia (NVDA) has not yet sold any of its H200 chips to Chinese customers, a Commerce Department official said on Tuesday.
"My understanding is that none so far," Commerce Assistant Secretary for Export Enforcement David Peters said at a congressional hearing when asked about Nvidia's second-most-powerful chips.
According to a Reuters report, the Chinese embassy in the US and Nvidia have yet to respond to requests for comment.
In late January, Beijing gave three of China's largest tech companies, ByteDance, Alibaba (BABA, 9988.HK), and Tencent (0700.HK, TCEHY), approval to purchase more than 400,000 H200 chips.
Read more from Reuters. Tue, February 24, 2026 at 8:00 PM UTC
Myles Udland
Dan Ives says Anthropic announcement 'impressive,' but fears companies 'rip and replace' existing software are overdone
Anthropic on Tuesday announced a new suite of enterprise offerings, the latest in a series of new capabilities boasted by AI labs like Google, Anthropic, and OpenAI that have shaken investor confidence in a variety of software solutions that may see their core product replaced by an AI facsimile.
But some Wall Street analysts aren't so sure the process will be quite that simple.
Dan Ives, high profile tech bull at Wedbush, wrote in a note Tuesday after Anthropic's announcement that, "While these use cases are impressive, the reality is that these new AI tools will not rip and replace existing software ecosystems and data environments with these AI tools only as useful as the data it can reach."
In Ives' view, there are three things investors who view these demos as a sign of AI outcompeting legacy solutions might be missing.
One — "The market is conflating foundation model capability with full enterprise software replacement and the fear that generative AI will 'rewrite legacy systems overnight' ignores enterprise reality."
Two — "AI agents and autonomous workflows dramatically increase the attack surface — more APIs, more machine identities, more lateral movement risk, and more cloud-native workloads. AI doesn’t reduce the need for endpoint, identity, cloud, and SOC automation, it multiplies it."
Three — "Anthropic/OpenAI do not have 20-year enterprise distribution networks, CIO relationships, or embedded vertical workflows. CRM, NOW, and MSFT sit at the application layer where business logic lives. The model layer will commoditize faster than the workflow layer."
The key point that I think Ives raises is that model advances — or other signs of what we might call technical brilliance — are not the same as an in-market product that gets customers to change their spending habits.
Obviously, as we saw with the market's reaction to a Substack post on Monday that was explicitly a thought experiment, there are lots of investor nerves about which advances could draw meaningful dollars from enterprises or consumers.
But as ever, the distance between a demo and a product can often be vast. Keeping that framework in mind might serve investors well in the current moment. Tue, February 24, 2026 at 5:28 PM UTC
Grace O'Donnell
Apple stock gains after the company says it will produce Mac minis in the US
Apple (AAPL) stock rose more than 2% on Tuesday, outperforming its "Magnificent Seven" tech peers, on news that the iPhone maker will deepen its manufacturing push in the US.
On Tuesday, Apple said it plans to move Mac mini production from Asia to a new facility in Houston. At that same site, Apple also plans to expand advanced AI server manufacturing as part of the $600 billion US manufacturing commitment it made last year amid pressure from the Trump administration.
Apple is also wielding its purchasing power to boost American chipmaking at a new Taiwan Semiconductor Manufacturing (TSM) factory north of Phoenix, the Wall Street Journal reported.
Year to date, Apple stock has held up better than its peers as the company stands back from the major up-front investments other Big Tech companies are making to build massive data centers. In that regard, my colleague Dan Howley points out, Apple's reluctance to be the first to roll out major AI upgrades — seen as a weakness against its peers — has become a kind of strength as the AI trade faces upheaval. Tue, February 24, 2026 at 3:00 PM UTC
Grace O'Donnell
Anthropic launches new enterprise offerings, raising the heat on software companies
Yahoo Finance's Daniel Howley reports:
Read the full story > Tue, February 24, 2026 at 2:38 PM UTC
Grace O'Donnell
AMD stock jumps at the open, Oracle shares slip further, IBM tries to recover from Monday's heavy losses
As stocks struggled to regain their footing after a bumpy start to the week, the tech sector remained under pressure at the start of the trading day on Tuesday.
Here's a look at some trending tech tickers moving on the latest tech news:
AMD (AMD) stock jumped 5% on news of the chipmaker's multiyear agreement with Meta (META) to supply 6 gigawatts in chips to the hyperscaler. Scroll down to read more about the deal or check out the full story here.
Oracle (ORCL) shares slipped further at the open after a report from The Information stated that the $500 billion Stargate project announced in January 2025 to build data centers has stalled after months of disputes among Oracle, OpenAI (OPAI.PVT), and Softbank (SFTBY). As a result, the project missed its self-imposed goal of delivering 10 gigawatts of AI computing capacity in 2025.
International Business Machines (IBM) shares began to recover after Anthropic's announcement that its Claude Code AI tool could help modernize Common Business-Oriented Language, or COBOL code, which is used in nearly all ATM transactions in the US. COBOL has been used in many of the enterprise systems IBM sells, leading investors to believe a core part of its business may be threatened by AI disruption. IBM stock rose more than 1%.
Alphabet (GOOG) stock slipped into the red at the open after its self-driving unit, Waymo, said it's expanding its robotaxi service in Dallas, Houston, San Antonio, and Orlando.
Uber (UBER) stock edged higher after the ride-hailing company announced on Monday that it would acquire SpotHero, a parking reservation app. Tue, February 24, 2026 at 1:28 PM UTC
Grace O'Donnell
Meta and AMD announce 6-gigawatt GPU deal as part of AI buildout
Yahoo Finance's Daniel Howley reports:
Read more here.
View Comments |
| 25.02.26 12:47:50 |
Q: Why Did a Fictional Memo on AI Spook Markets? |
|
|
**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Reporter Jack Pitcher breaks down the Citrini Research blog post that rattled investors and appeared to spark a selloff: A: Citrini Research has gained a cult following on Substack since it began publishing macro and thematic stock research in 2023, with an early focus on artificial intelligence and weight-loss drugs.
Continue Reading |
