Wall Street: KI-Sektor unter Druck, Washington kämpft gegen hohe Renditen

Wall Street kicked off the new week on a weaker note, with tech and AI stocks bearing the brunt of the pressure. Simultaneously, the high yields on the bond market continued to pose a significant challenge. A CNBC report brought a moment of relief, as a senior official from the US Treasury mentioned the possibility of using the Treasury General Account to purchase government bonds, in addition to the already expanded Treasury purchases.

Currently, the yield on 10-year Treasuries is marginally down to around 4.71 percent. In the AI sector, the primary concern remains the massive capital requirement: Alibaba raised around $10.3 billion through a capital increase, primarily to finance the escalating AI capex. Telecommunications and media giant Softbank plans to raise $6.3 billion through a record-breaking loan for its AI investments.

Nvidia, in turn, intends to increase the prices of certain AI server systems by approximately 17 percent due to rising memory costs, exacerbating the already high investment costs for hyperscalers. Geopolitically, the focus is on Treasury Secretary Scott Bessent, who announced a "Economic D-Day" against Iran, while oil prices, after six days of increasing, first show signs of stabilization.

The week's developments will also hinge on Nvidia's figures on Wednesday and Fed Chair Kevin Warsh's speech in Jackson Hole on Friday.