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U.S. Stocks Close | Major Indices All Drop, Most Tech Stocks Decline; Broadcom Falls Over 5%, Tesla Rises Over 3% to Hit a New Yearly High; Cryptocurrencies Slump, Circle Drops Nearly 10%
US Treasury volatility dropped to its lowest level since May of last year, with the 10-year Treasury yield edging down by 0.5 basis points. The US dollar fell for the fourth consecutive session. The offshore yuan once breached the 7.04 level. Ethereum plunged nearly 9% from its daily high, falling below the $3,000 mark. Gold approached last Friday's high before dropping more than 1.5%. Silver rose 3.7%, reclaiming the $64 level.
'Intel Enlists Trump Official to Oversee Government Affairs'- Bloomberg
EY Survey: AI Boosts Productivity Without Triggering Mass Layoffs
① According to an EY survey, feedback from 500 U.S. corporate executives indicated that only 17% of companies that achieved productivity gains through the adoption of AI subsequently opted for layoffs; ② The EY survey also revealed that 34% of the surveyed companies are recruiting talent with specific AI-related skills, indicating that the widespread adoption of AI has concurrently led to a skills gap in the labor market.
If You Invested $1000 In Advanced Micro Devices Stock 20 Years Ago, You Would Have This Much Today
MU Stock Has Given up Its Prior Gain. Micron Technology Shares Were Trading Higher After Wedbush Maintained an Outperform Rating on the Stock and Raised Its Price Target From $220 to $300.
Shares of Quantum Computing Stocks Are Trading Lower. Canada Announced up to C$92 Million in Funding Under Its New Quantum Champions Program.