Wall Street Rallies as Fed’s Waller Hints at September Rate Hold: Stock Market Today
Stocks rallied and Treasury yields retreated from three-year highs after Fed Governor Waller signaled he could back a rate hold, sending bitcoin above $80,000.
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Meta Platforms could lead the AI race with its new agentic AI app, Muse, according to T. Rowe Price manager Tony Wang.
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Stocks rallied and Treasury yields retreated from three-year highs after Fed Governor Waller signaled he could back a rate hold, sending bitcoin above $80,000.
Meta hits an $18B youth safety settlement. Discover how analysts view its AI product pipeline, cap-ex risks, and stock price targets.
The State Street SPDR S&P Software & Services ETF (XSW) is a smart beta ETF launched in 2011 that tracks the S&P Software & Services Select Industry Index. With $491.1 million in assets and a low expense ratio of 0.35%, it offers broad exposure to the software sector with 133 holdings. The fund has gained 7.91% year-to-date and 7% over the past year, but carries higher risk with a beta of 1.17 and standard deviation of 26.90%. Investors seeking lower-risk alternatives may consider traditional market cap-weighted ETFs.
Murphy backs Anthropic researcher’s warning on AI’s dangerous race toward superintelligence and calls for government oversight.
Meta reportedly drew Anthropic’s attention with a $380,000-plus sales role aimed at winning business from the AI giant’s strategic accounts.
Ray Dalio warned that the AI boom is in a bubble and that investors are failing to distinguish between the transformative technology and its inflated stock prices.