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Boston Fed's Collins signalled a more cautious stance on monetary easing, saying it will likely be appropriate to keep interest rates on hold “for some time” as policymakers assess elevated inflation and an uncertain labour-market outlook.
Burry warns AI infra bet $176B depreciation risk; SoftBank exits NVDA, doubles down on OpenAI.
CMG jumps 4.4%, BJRI 2.7%, TXRH 2.8% as value stocks gain; tech valuations raise concerns.
SoftBank sells Nvidia stake, bets on OpenAI & Ampere. CoreWeave drops 16% on forecast cut. AI valuations face scrutiny.
GSAT moons 8.3% on Apple news, up 104% YTD! MIR, DELL, FLEX, CDW also jump as traders flee high-tech valuations.
HPE +2.4%, IBTA +6.2%, NSIT +2.6% as value stocks rally on growth stock valuation fears & shutdown relief.
EVH plunges 10.3% as Oppenheimer slashes price target 33% to $12. Down 60.8% YTD, traders eye volatility.
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