Business & Finance
AI Stocks Face Tug-of-War as Anthropic, CoreWeave Lift Hopes
Key Points
AI Trade Sends Mixed Signals as Bulls and Bears Clash Daily The AI trade is so massive that its friends and foes increasingly find support on the same day. This article is for subscribers only.
AI Trade Sends Mixed Signals as Bulls and Bears Clash Daily
The AI trade is so massive that its friends and foes increasingly find support on the same day.
This article is for subscribers only.
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All it takes is a quick glance at the Philadelphia Stock Exchange Semiconductor Index — a good proxy for the AI trade — to see the tug-of-war between bulls and bears in action. Thursday’s 12% drop was nearly erased by the following two days of gains, before things turned south again on Tuesday.