OpenAI just gave software stocks a beating with its latest push into enterprise work. After the company on Wednesday unveiled a new product aimed at making AI agents more effective for customers, software stocks like Workday, Atlassian and HubSpot plunged. The product, called Presence, increases OpenAI’s competition with established software providers. As first reported by
The hype over AI seems endless, and investors are salivating at the opportunity to finally buy shares of some of the biggest names in the industry. But as Anthropic and OpenAI prepare to go public, and as SpaceX stock struggles after a historic initial public offering, there is reason for investors to tread carefully, says
Shhh…shut up. The stock market is trying to tell us something. The message begins with the chipmaker sector, which saw an electrifying surge of more than 100% in 2026 before hitting a wall in recent weeks. That selloff coincided with a rally in hyperscalers, which have forged a kind of market rivalry with chipmakers. But
Short sellers have made record bets against the US stock market, according to new analysis from S3 Partners. The financial data firm says its measure of short interest in US stocks has reached record levels. While short positions are a natural hedging strategy among bullish investors, increasing bets on a decline in US stocks align
Global stocks fell on Friday as investors soured on technology stocks and worried about a new surge in energy prices. AI companies have reported stellar profit growth in recent days, but they have also committed to spending hundreds of billions on building AI infrastructure, leading some investors to question whether they will ever see a
SpaceX stock has struggled after a brief burst of post-IPO enthusiasm, and bears are taking a moment to reiterate their bearish views on the stock. A month after a historic initial public offering, SpaceX shares fell below the initial offering price of $135 on Wednesday, marking a 40% drop from its high of around $225.