The drop in the stocks of US chipmakers reached 8 consecutive sessions; Longest downtrend since 2008

Source link: The drop in the shares of American chipmakers reached 8 consecutive sessions; U.S. stocks fell sharply in the longest downward trend since 2008. A fresh wave of selling in tech stocks has fueled concerns about the sustainability of the artificial intelligence investment boom. Semiconductor stocks fell for eight consecutive sessions, which is their longest downward trend since 2008. Investors are skeptical of the massive expansion of open AI infrastructure

US stocks fell sharply. A new wave of selling in technology stocks, concerns about the sustainability of the investment boom in artificial intelligence, Brent reached $111; Trump did not rule out using the "mother of bombs" against Iran. Brent oil price reached $111 per barrel for the first time since May. The prospect of immediate relief of the shortage Softbank is considering a $30 billion purchase of the largest US security company Softbank is considering the purchase of Allied Universal, the largest provider of security services in the United States. This deal with gold dropped to $4080 with the hot inflation of September; Why do buyers come back again? At a glance, the US September inflation data was published higher than expected and gold reached a weekly low of nearly 4080. The commander of the US Central Command claimed the naval blockade of Iran and the passage of 400 ships through Hormuz. The highest figure in the last 5 years, according to the data of the US Treasury Department, the country's budget deficit for fiscal year 2026 will reach 1.992 trillion by subscribing to the YouTube Times newsletter.

US stocks fell sharply. A fresh wave of selling in tech stocks has fueled concerns about the sustainability of the artificial intelligence investment boom.

Semiconductor stocks fell for eight consecutive sessions, which is their longest downward trend since 2008. Investors are skeptical that the massive expansion of AI infrastructure will yield sufficient returns. The Nasdaq 100 index also fell by 2.5%.

Shares of cloud computing services provider Corvio fell 12 percent. This drop coincided with increasing concerns about the financial stability of this company. Corvio's bonds were recently trading at the level of corporate debt.

Corvio, in particular, has become the focus of investor concern because it relies heavily on the high-yield bond market to expand its AI infrastructure. US Treasury bond yields are still high and inflation continues. In this situation, the increase in the cost of borrowing has increased the concerns about the financial stability of these investments.

The price of Brent oil closed at around $110 per barrel. A group of American lawmakers presented a bill to block President Donald Trump's agreement with Moscow to supply Russian diesel to world markets. High energy costs fueled inflationary concerns and increased pressure on US Treasury bonds.