Wall Street: Raus aus Tech, rein in den Dow Jones
Der Abverkauf von Halbleiter- und KI-Werten geht weiter. Doch während Meta zeigt, dass Tech nicht pauschal schwächelt, zieht der Dow Jones deutlich an.
Recent Wall Street data shows a drop in 10-year US government bond yields to 5.19 percent and Brent crude oil at approximately $105 per barrel. Goldman Sachs leads banks and investment houses with a 72 percent surge in stock trade revenue, while Citigroup meets expectations, and JP Morgan disappoints with lower profits and sales.
Semiconductor and AI infrastructure divestments continue, with financing being the main drag factor rather than demand. AI project bonds face increasing resistance, and several IPOs have been postponed. Investment exceeding operational cash flow may lead to tougher capital acquisition, potentially slowing data center expansion and chip purchases.
Meta Platforms demonstrates the AI story doesn't uniformly hurt performance, with Pivotal Research raising its price target to $930 after Muse reached 2.8 million installations in 12 days. Consumer prices will be the next critical test tomorrow; if they don't exceed expectations, it could provide a recovery opportunity for bonds and growth stocks.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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