Still reeling from last week's earnings reports! Broadcom and Oracle slide further as the AI infrastructure sector continues to face sell-offs.

Three companies closely related to AI infrastructure construction — Broadcom, CoreWeave, and Oracle — fell sharply again on Monday following significant declines last week, highlighting a clear shift in market sentiment towards pessimism. Broadcom's shares dropped another 5.6% on Monday after plummeting 11% on Friday; Oracle fell 2.7% on Monday, accumulating a 17% decline over the past three trading sessions; CoreWeave’s shares fell approximately 8% on Monday following an 11% drop the previous week.

wallstreetcn4minutes ago

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.

wallstreetcn38minutes ago

U.S. Stocks Close: AI Concept Stocks Remain Under Pressure, Major Indices End Lower; Tesla Rises Over 3%

① Most large-cap technology stocks fell, with Tesla rising over 3%. ② Popular Chinese stocks generally declined, with the Nasdaq China Golden Dragon Index falling by 2.17%. ③ Nasdaq has applied to extend weekday trading hours to 23 hours.

cls.cn05:59

Trump Launches 'Tech Force' To Reboot Government AI

Benzinga05:16

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.

cls.cn04:41

AlphaTON Capital Secures NVIDIA B300 GPUs Composed Of Supermicro's Advanced HGX Systems Through Its Strategic Partner Atlantic AI

Benzinga04:30