Wall Street Sell-Offs On AI Concerns, VIX Jumps 15%: What's Moving Markets Friday?
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The final session of the week saw red dominate Wall Street screens, as stocks slid broadly following a renewed tech-led sell-off.
• Rivian Automotive stock is approaching key resistance levels. What’s behind RIVN new highs?
Shares of Broadcom Inc. (NASDAQ:AVGO), one of the market's most closely watched artificial intelligence plays, plunged more than 11% despite topping Wall Street's quarterly expectations.
Pressure on the AI theme carried over from Thursday, when Oracle Corp. (NYSE:ORCL) shares sank 11% after the company outlined elevated data center spending plans that raised concerns over delayed cash flow generation.
On Friday, Bloomberg reported that some Oracle data centers tied to OpenAI would be pushed back from 2027 to 2028, further unsettling investors and sending the sto
• Rivian Automotive stock is approaching key resistance levels. What’s behind RIVN new highs?
Shares of Broadcom Inc. (NASDAQ:AVGO), one of the market's most closely watched artificial intelligence plays, plunged more than 11% despite topping Wall Street's quarterly expectations.
Pressure on the AI theme carried over from Thursday, when Oracle Corp. (NYSE:ORCL) shares sank 11% after the company outlined elevated data center spending plans that raised concerns over delayed cash flow generation.
On Friday, Bloomberg reported that some Oracle data centers tied to OpenAI would be pushed back from 2027 to 2028, further unsettling investors and sending the sto
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
