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Selloff wipes out nearly $1 trillion from software and services stocks as investors debate AI's existential threat Summary: Companies: Software stocks fall on AI disruption fears, but selling intensity eases Scramble to shield portfolios as AI muddies valuations, business prospects Selloff has been overdone, analyst says Software and service stocks shed $830 billion in market value in six trading days Feb 4 (Reuters) - Investors were assessing on Wednesday whether a selloff in global software stocks this week had gone too far, as they weighed if businesses could survive an existential threat posed by artificial intelligence. The answer: It's unclear,...

Why 95% of enterprise AI projects fail to deliver ROI: A data analysis American enterprises spent an estimated $40 billion on artificial intelligence systems in 2024, according to MIT research. Yet the same study found that 95% of companies are seeing zero measurable bottom-line impact from their AI investments. The pattern is remarkably consistent across industries. Companies invest millions in AI infrastructure, train models on internal data, deploy systems to assist sales teams or automate marketing workflows—and then watch as adoption stalls or results disappoint. The technology works in demos but fails in daily operations. MIT's Project NANDA calls it...

"The market has indicated this is not investment-grade debt." It’s 2026, and tech companies continue to insist they need to spend staggering amounts of money on AI data centers. Yet for all of its enthusiasm over the past few years, Wall Street is finally starting to squint at the numbers. According to new reporting by Business Insider, JPMorgan Chase is running into trouble finding investors interested in servicing billions in debt backing two of the first five Stargate data centers. Stargate is Donald Trump’s $500 billion AI project led by tech companies Oracle and OpenAI. Its vague goal, OpenAI has...

China Sets The Price Now GFN – SHANGHAI Trading in a major China-listed silver fund was halted for a full session on January 30 as regulators moved to contain price distortions, while global silver prices fell sharply from record highs amid elevated volatility and tighter derivatives margin requirements. China’s Shenzhen Stock Exchange suspended trading for the entire day on January 30 in the UBS SDIC Silver Futures Fund LOF, according to an official fund announcement. The notice stated that trading would be halted from the market open through the close as part of exchange risk-control measures. “该基金将于2026年1月30日开市起停牌至收市。” (“The fund will...

Call it the Post Powell Panic! After The Fed decided to do nothing at the FOMC meeting. Gold is down -12% from the peak, trading below $5,000. Silver is down -21%, trading below $100 for the first time since Friday, officially in a BEAR MARKET. Rough night in the precious metals market space. An absolute BLOODBATH. Is the top behind us? Gold -6% Silver -12% Copper -4% Platinum -13% Palladium -11% Trillions in market cap wiped out in a few hours. Powell at The Fed FOMC meeting imitating former Fed Chair Janet Yellen. And Trump has nominated Kevin Warsh for...

High-flying gold and silver took a staggering hit in overnight trading with the precious metals losing roughly $6 trillion in just 30 minutes — as oil prices surge over fears over Iran. Gold tumbled back after hitting a new record at $5,595.47 an ounce as investors rushed to assets deemed safe, including silver, which reached its own record of $120.44 an ounce. The dollar steadied after losing ground most of this week. Gold declined more than five per cent and silver plunged more than eight per cent, while copper and nickel prices also fell, as traders reassessed the market. “The...

Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve concerns about the central bank’s independence and sent the dollar soaring. Spot silver was down 28% at $83.45 an ounce, trading near its lows of the day. Silver futures plummeted 31.4% to settle at $78.53, marking its worst day since March 1980. Meanwhile, spot gold shed around 9% to trade at $4,895.22 an ounce. Gold futures dropped 11.4% to settle at $4,745.10. The sharp moves down were initially triggered by reports of Warsh’s nomination. However, they...

Gold and silver prices plunged on Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve concerns about the central bank’s independence. By 7:12 a.m. ET, spot silver was down 10.6% to settle at around $103.81 an ounce, paring back earlier losses. In the early hours of the morning, the metal had plummeted as much as 16% and dipped below the $100 milestone.

Gold prices (GC=F) plunges from its record highs above $5,500 per ounce on Friday, while precious metals silver (SI=F) and copper (HG=F) also show signs of retreating.Yahoo Finance Senior Markets Reporter Ines Ferré breaks down the news and pricing dynamics happening in the metal commodities space this morning.

Peter Schiff: ‘The dollar is going to collapse, the dollar is going to be replaced by Gold. We are headed for an economic crisis that will make the 2008 financial crisis seem like a Sunday school picnic.’

@TuckerCarlson Gold has so dramatically outperformed the S&P this century that you’d think CNBC would be recommending it to investors. But they’re not. Peter Schiff explains why. (0:00) Why Schiff Decided to Start Buying Gold (10:45) You're Being Lied to About Inflation (23:39) How the Government Secretly Rigs the Economy (25:25) The Unemployment Rate Is Much Higher Than You Think (27:27) What Was the Result of the Big Beautiful Bill? (30:10) Is the Housing Bubble About to Pop? (36:20) The Real Reason College Got So Expensive (40:30) The Real Reason Healthcare Got So Expensive (43:50) Crypto vs. Gold (58:11) Will...

Gold crossing $5,000 an ounce is not a technical breakout, a speculative frenzy, or a “risk-on trade.” It is a judgment. Silver pushing past $100 last week only reinforces the point. These prices are not expressions of optimism about growth or productivity. They are expressions of doubt: about currencies, about governments, and about the institutions charged with preserving economic stability. What makes this moment different is not simply the level of prices, but the speed and unanimity with which investors have arrived at them. Gold did not grind higher over a decade of slow erosion in confidence. It vaulted. Silver...

The sudden collapse last fall of a string of American companies backed by private credit has thrust a fast-growing and opaque corner of Wall Street lending into the spotlight. Private credit, also known as direct lending, is a catch-all term for lending done by nonbank institutions. The practice has been around for decades but surged in popularity after post-2008 financial crisis regulations discouraged banks from serving riskier borrowers. That growth — from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029 — and the September bankruptcies of auto-industry firms Tricolor and First Brands have emboldened some prominent Wall...

RAY DALIO SAYS THE MONETARY ORDER IS BREAKING DOWN AND FIAT IS NO LONGER A CENTRAL BANK ASSET. GOLD AND SILVER BECOME THE ANCHOR WHEN PAPER CONFIDENCE CRACKS.

We’re witnessing yet another record-setting day this past Thursday, as both the gold and silver prices are sharply higher again, and have set new all-time record highs. image-20260123161106-1 The silver futures hit a low of $90.15 the prior day after the sharp selloff that began just before 2 PM Eastern, but are currently up $3.26 to $95.90, and surged as high as $96.72 earlier this afternoon. As silver trades at $95.90 in New York, it’s currently trading at $108.64 in Shanghai. The gold price is also experiencing another record-setting day, with the futures currently up $79 to $4,916. The latest...

(Kitco News) - Gold prices a bit higher in early U.S. trading and silver prices are soaring and closing in on $100.00 an ounce. Both metals hit new all-time highs overnight. Ongoing safe-haven demand and chart-based buying amid firmly bullish technicals continue to drive the precious metals prices north. February gold was last up $11.10 at $4,924.50. March silver prices were up $2.413 at $98.78.

Here’s one reason to own gold. The appreciation of Russia’s gold reserves has nearly replaced the value of the assets frozen by the European Union when the country invaded Ukraine. Based on calculations by Bloomberg, the value of Russian gold reserves has surged by $216 billion since February 2022. The EU froze approximately €210 billion in Russian sovereign assets held within the bloc. That equals about $244 billion. As Bloomberg put it, the surge in gold reserves “restores most of Russia’s lost financial capacity,” even if it never gets those assets back. Russia has held its gold reserve steady throughout...

The state of Wyoming quietly bought $10 million in gold in December as required by a new state law. Sponsors of the law hail it as a hedge against dollar devaluation while critics say there’s no good way to cash in on gold’s increasing value. Wyoming’s historic $10 million gold purchase required by 2025 legislation has happened with little fanfare. There were no public announcements or press releases at the time. There was just a brief mention of the December purchase during a Jan. 9 Joint Appropriations Committee hearing. Rep. John Bear, R-Gillette, asked the Wyoming Treasurer’s office for an...

Wyoming’s first hard rock mine in a century is all but shovel ready and may be sitting on a pile of gold much larger than what’s so far been showcased for investors. The CK Gold project, 20 miles west of Cheyenne past Curt Gowdy State Park, also could be worth a lot more than previously estimated because of an explosion in the value of gold. It’s more than doubled since about a year ago. Chairman of the U.S. Gold Corp. board, Luke Norman, told investors this past week that the company now believes its project is sitting on top of...

CME Group will change the way it sets margins for gold, silver, platinum and palladium futures after a surge in prices and volatile trading. The new approach will set margins based on a percentage of so-called notional, the CME said in a notice. Previously, they were based on a dollar amount. The shift takes effect from Tuesday’s close and follows a “normal review of market volatility to ensure adequate collateral coverage,” the CME said. Precious metals have been the subject of an extraordinary rally over recent quarters, with the gains and price swings continuing into the new year. In the...