{
  "id": 1730518,
  "title": "Wall Street: Zinsen werden zum Risiko, Technologiesektor unter Druck",
  "url": "https://urgent.news/2026/08/18/wall-street-zinsen-werden-zum-risiko-technologiesektor-unter-druck",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T14:49:37.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/audio/wall-street/wall-street-zinsen-werden-zum-risiko-technologiesektor-unter-druck/100248106.html"
  },
  "original_language": "de",
  "account": "Wall Street faces increasing pressure due to the allure of higher returns from government bonds. The yield on 30-year US Treasuries has risen to over 5.32 percent, the highest level in 19 years, with the 10-year yield approaching 4.73 percent. This situation is particularly challenging for the technology sector. Alongside higher oil prices and growing tensions with Iran, the sector is grappling with massive budget deficits and the explosive issuance of new bonds to finance the AI boom. The capital market must close the gap between investments far above operational cash flows. Home Depot, a home improvement retailer, demonstrates strong numbers with both sales and profits exceeding expectations. However, the outlook for the year is merely confirmed. Some of the profit strength comes from customs refunds. Fabrinet also surprises with an improved outlook, but the stock is sold due to weaker datacom revenues and again extremely high expectations. Baidu, an IT company, benefits from a 50 percent growth in its AI cloud business, while traditional business declines and profit misses expectations. Bank of America stands by chipmaker Nvidia and views the stock as attractive despite the increasing risks through vendor financing. However, details on off-balance-sheet obligations are expected with the numbers on August 26th.",
  "summary": "Die Renditen von Staatsanleihen steigen weiter, 30-jährige US-Treasuries erreichen den höchsten Stand seit 19 Jahren. Das belastet besonders den Technologiesektor.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}