Small-cap stocks are struggling, while megacaps are thriving. Investors are flocking to megacap ETFs for growth, particularly in AI and semiconductors.
The President said that while he would not approve exports of the full chip, a version that is downgraded by 30% to 50% could be considered at a later date.
Tech stocks staged a full rebound from last Friday's sell-off, with the Nasdaq 100 surging to 23,600 — just shy of the 23,700 all-time high set in late July, as the week’s strong sector earnings and broad gains among the Magnificent Seven fueled the rally.
Softbank recorded an investment gain of 559.7 billion yen, helped by gains from its stake in Nvidia and strong performances by its SoftBank Vision Funds.
Stocks slipped Tuesday as fresh economic data reignited stagflation fears on Wall Street, overshadowing a blowout quarter from Palantir Technologies Inc.
