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Category: Stock

Stock

Why Alphabet stock is tanking over 6% on Monday

Alphabet shares fell as investors assessed the departure of prominent AI researchers and broader concerns about AI spending. The stock dropped more than 6.6%, falling to $343.47 in morning trading,…

Stock

Why a hawkish Fed isn’t scaring Wall Street

US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary…