Stocks Drop On Fears About AI Valuations

Stocks fell as investors grow increasingly concerned about valuations in the bull market-leading shares, Palantir shares shed 7 percent even as the ompany beat Wall Street's estimates and was up 150 percent this year, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

Magnificent Seven name Amazon rallying 4 percent after the company reached a 38 billion dollar deal with OpenAI for Nvidia chips, The Dow Jones Industrial Average fell bogged down by a decline in shares of UnitedHealth, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

All the Nvidia, Fed, and Earnings news from the week, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

Meta tumbled about 12 percent and Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again at its December meeting, Bay Area Loansource's Tony Mendes on the current markets, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

Patrick O'Hare of Briefing.com on the current markets, Stocks rose to record levels on Wednesday boosted by tech names ahead of the Federal Reserve's interest rate decision, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

Shares of United Parcel Service and Wayfair gained 7 percent and 20 percent respectively after their results, About one-third of S and P 500 companies have reported and of those 83 percent have beaten earnings expectations, More set to report this week including Alphabet, Amazon, Apple, Meta Platforms and Microsoft

President Donald Trump and China President Xi Jinping meet this week in South Korea to clinch a trade deal, Qualcomm reached a new all-time high after the company announced new artificial intelligence chips putting it in competition with Nvidia and AMD, As early as next year owners of select GM vehicles will be able to chat with their car via Google Gemini AI

The latest on the growing Robot industry, The top of the S and P 500 this month, More on the last Pints and Portfolios of the year this Sunday October 26th 11am to 1pm in Berkeley with Rob Black and EP Wealth Advisors

Tesla kicked off reports from the Magnificent Seven Megacap Tech Group that saw shares dip 4 percent on mixed third-quarter results, More than 80 percent of the S and P 500 companies that have reported so far have exceeded earnings expectations, More on the last Pints and Portfolios of the year on Sunday October 26th 11am to 1pm in Berkeley with Rob Black and EP Wealth Advisors

Corporate earnings outcomes have been much better than expected, Managing Director of Investments at EP Wealth Advisors Adam Phillips on the current markets, More on the last Pints and Portfolios of the year on Sunday October 26th 11am to 1pm in Berkeley with Rob Black and EP Wealth Advisors