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Socialists and liberals across the Democrat Party today have helped send stocks sliding with their authoritarian plan to clamp down on AI. The party won Congress and decided to forget healthcare and gas prices and go after data centers. Now investors have to reckon with what they have promised. Bernie Sanders is once again angrily leading the charge.By mid-afternoon, the Dow had dropped about 1,700 points, erasing its post-election rally. The Nasdaq fell more than 5 percent, and the S&P 500 lost more than 4 percent. Chip stocks had their worst day since March 2020. Fears that Democrats would stop...

The Nasdaq Composite plummeted on Thursday, erasing the sharp gains from the previous session, as investors continued to rotate away from technology stocks and into more defensive areas of the market. The tech-heavy Nasdaq declined 4.9% and dipped into correction territory, trading more than 10% below a record set last month. The S&P 500 was down 3.2%. The Dow Jones Industrial Average shed 1,136 points, or 2.1%, as gains in stocks such as Chevron and Johnson & Johnson were not enough to spare the 30-stock index from the tech selling spree. The Dow erased more than half of its advance...

Dow is down over 1,200 points right now…l guess they got the news one day late….or maybe as someone said yesterday, just more noise…..lol

US stocks fell suddenly on Thursday as AI and chip stocks sold off, erasing the gains from Wednesday's post-election rally. The Dow Jones Industrial Average (^DJI) tumbled 2.9%, or over 1,500 points. The S&P 500 (^GSPC) fell 3.8%, and the tech-heavy Nasdaq Composite (^IXIC) dropped 5.2%, putting the index on track to close in a correction. The PHLX Semiconductor index (^SOX) dived 10% as Nvidia (NVDA), Micron (MU), and other chip names sank. Large-cap tech stocks were pacing for their worst day since the COVID-19 pandemic sell-off. Investors continued to process the Democrats' sweeping victory on Tuesday and its implications...

“Gridlock is the next best thing to having a constitution.” – M. Stanton Evans Now that the election is over, it’s time to ask if all the hyperventilating for the past year was worth it. Was this “the most important election in our history,” as so many have declared? We are entirely unconvinced. If all it does is produce gridlock in Washington, we will be happy, because the biggest threat to the country is when lawmakers are productive. To be clear, it would have been better if the GOP had kept their majorities, and we are deeply disturbed by the...

SAN DIEGO, May 25 (UPI) -- An Internet investment adviser charged with insider trading was being held without bail on a parole violation Saturday after federal prosecutors in San Diego raised questions about a stock-sales order he placed the day before the September terrorist attacks on the World Trade Center and Pentagon. Amir "Anthony" Elgindy, 34, of Encinitas, faces charges in New York of allegedly taking part in a stock manipulation and extortion scheme with four other people, including two current and former FBI agents. Prosecutors, however, raised questions during a detention hearing Friday about what he might have known...

Nike is set to be removed from the S&P 100, a subset of the S&P 500 that tracks 100 major blue-chip companies across multiple industry groups, later this month. This comes after the company lost nearly 80% of its value since 2021. As The Gateway Pundit reported last month, the woke brand’s stock price plunged to a 12-year low after spending the last decade championing left-wing social justice causes. As of Saturday, the company has a market cap of roughly $57 billion, losing more than $200 billion in value since its all-time high in November 2021. The stock is down...

Artificial intelligence spending is racing toward levels once considered unimaginable. Yet 250 years of market history suggest the boom may have considerably further to run before financing pressure, higher rates or an outside shock finally brings it down. AI Spending Has Entered a New PhaseThe artificial intelligence boom began as a technology story. It has evolved into one of the largest capital investment cycles in modern history.Since 2024, companies have poured hundreds of billions of dollars into semiconductors, power infrastructure, data-center construction and networking equipment. Amazon, Alphabet, Meta Platforms and Microsoft are expected to spend roughly $700 billion on capital...

Unitree Robotics shares rose 542% in early trading Wednesday as the Chinese humanoid robot maker made its stock market debut in Shanghai. The Hangzhou-based robot maker, whose backflipping and dancing machines have drawn global attention, raised about 6.1 billion yuan ($905 million) in its IPO, according to its prospectus. Shares rose to 968.1 yuan apiece, after hitting as high as 1,100 yuan earlier. The IPO also drew backing from Chinese AI company DeepSeek, which invested about 140.8 million yuan, according to a company filing. Unitree’s existing investors also include Chinese tech giant Tencent. Unitree’s product lineup spans bipedal humanoid robots...

US stocks dropped on Wednesday as bond yields rose after the Federal Reserve voted to hold rates steady, with three members dissenting and voting for a hike. The Dow Jones Industrial Average (^DJI) fell more than 1,100 points or 2.2% as oil prices rose amid renewed tensions in the Middle East, and long-dated Treasury yields rose following the Fed decision. The S&P 500 (^GSPC) dropped 1.5%, while the tech-heavy Nasdaq Composite (^IXIC) sank about 1.7% as a sell-off in chip stocks continued to deepen. Markets were digesting the Federal Reserve's decision to hold interest rates steady, with three FOMC members...

Dear Quentin, If all my contributions, along with my employer’s contributions, had been invested in the S&P 500, my balance would be more than $4 million. I could take a very sustainable withdrawal rate of approximately $30,000 a month, assuming my long-term returns were 7%-8%. If only my contributions were invested in the S&P 500, while my employer contributions went to the government, I’d have close to $3.7 million in the account at the end of this year, based on historical averages. I do better than many citizens because I’ve contributed at the highest level. You can email The Moneyist...

Your broker may be speaking funny and saying “y’all” often. I mean, Wall Street in Texas is getting more real by the minute. We thought it was a cool idea a while back, but it may be happening indeed. Check this out: The Texas Stock Exchange will commence trading on Monday, kickstarting the first real test of one of the most well-funded new exchanges to launch in decades. The Texas Stock Exchange, a Dallas-based startup, will initiate a phased rollout to take place over the course of July. On Monday, the exchange will open to TXSE members, including approved broker-dealers,...

Oil prices fell and U.S. stock-index futures jumped Sunday after President Donald Trump said the U.S. has agreed to a peace deal with Iran, apparently ending months of hostilities that shut the Strait of Hormuz and sent the global economy into an oil shock. “The Deal with the Islamic Republic of Iran is now complete,” Trump said in a social-media post late Sunday. “Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let...

SpaceX (SPCX) made its historic debut on Friday, opening at $150 per share. Investors' expectations for the stock were sky-high going into the start of trading. The company, which aims to put AI data centers in space, priced its shares at $135 each, raising about $75 billion and giving it an anticipated market capitalization of $1.77 trillion. On paper, CEO Elon Musk became the world's first trillionaire. Meanwhile, US stocks rose modestly as investors assessed reports that the US and Iran are closing in on an interim peace deal. The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC)...

U.S. equities gained on Thursday, boosted by a rebound in chip stocks after recent pressure, after President Donald Trump said that he has called off the strikes on Iran scheduled for this evening. The S&P 500 gained 1.1%, while the Nasdaq Composite added 1.5%. The Dow Jones Industrial Average rose 712 points, or 1.5%. West Texas Intermediate crude futures were last trading around the flatline at roughly $90 a barrel. Oil prices had risen earlier in the day after President Donald Trump said in a post on Truth Social that the U.S. will be attacking Iran “VERY HARD TONIGHT.” He...

To get into the S&P 500, a company is supposed to make some money. The sum of its four quarters of earnings has to be positive—at least GAAP wise—and so does its most recent quarter. That’s a pretty basic rule, decades old and it’s the reason Tesla sat outside of the index until the end of 2020, years after it had become one of the most valuable companies on earth. Soon, that rule will be broken, likely three times. On purpose. SpaceX, OpenAI and Anthropic are all independently preparing to go public, at different speeds; SpaceX has released its S-1,...

A remarkable two-month sprint higher for the major U.S. stock-market indexes encountered its first major hiccup on Friday, as the Nasdaq Composite plummeted more than 1,121 points — its biggest one-day point drop on record, according to Dow Jones Market Data. That translated to a 4.2% decline for the Nasdaq, the biggest in percentage-point terms since April 10, 2025, data showed. A 2.6% drop for the S&P 500 on Friday was its worst since Oct. 10.

Shares of Dell Technologies rocketed 32% after the company reported its fastest pace for revenue growth for any period since returning to the public market in 2018. The stock closed its best day ever. AI server revenue increased 757% from last year. Shares of Dell Technologies closed 32.76% higher on Friday, wrapping its best day ever after the company reported its fastest pace for revenue growth for any period since returning to the public market in 2018. The stock narrowly beat its previous record from March 1, 2024, when it popped 31.6%. Shares are now up 234% in 2026. Dell,...

Dow Jones Industrial Average Last Updated: May 29, 2026 at 12:15 p.m. EDT 51,007.80 338.83 0.67% Previous Close 50,668.97 05/29/2026 12:14 PM EDT

Wall Street's major averages advanced on Wednesday, with the S&P 500 (SP500) achieving a record high as investors awaited good news on the U.S.-Iran conflict front while parsing more bank and financial earnings. The benchmark S&P 500 (SP500) made new intraday highs and was last +0.5%. The heavy-tech Nasdaq Composite (COMP:IND) was last +1.1%, aided by Broadcom (AVGO), +3%, as it entered into a three-year partnership with Meta Platforms (META) to develop its AI chips and deploy them into data centers. Nonetheless, the Dow Jones Industrial Average (DJI) was -0.3%. Over in the bond market, the benchmark 10-year Treasury yield...