BABA Diamond Holder
BABA Return RateToday’s Fox Business headline noted that AI-driven lending is creating new risks for banks. Major bank and wealth-management stocks were all down, with the Dow and Nasdaq falling 1.34% and 2.03%, respectively. Concerns around AI are spreading, and investors are penalizing companies that rely heavily on capital spending, demanding greater discipline in capital allocation.
US STOCKS SNAPSHOT-Wall St rises as markets assess economic data
Feb 12 (Reuters) - Wall Street’s main indexes inched higher on Thursday, a day after robust jobs growth and a dip in unemployment eased concerns around the U.S. economy, while investor attention turned to a slew of corporate earnings.The Dow Jones Industrial Average (.DJI) rose 48.9 points, or 0.10%, to 50,170.27 at the open. The S&P 500 (.SPX) rose 16.1 points, or 0.23%, to 6,957.54, while the Nasdaq Composite (.IXIC) rose 76.4 points, or 0.33%, to 23,142.87.
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