AI Agents Hit Schwab, Airbnb & Uber as Nasdaq Hits Record
Tuesday’s market exposed a new divide in the AI trade: chip stocks rallied as the Nasdaq reached another record, while Schwab, Airbnb, Uber and Lyft came under pressure. The emerging question is whether AI agents will simply create new technology winners — or fundamentally change which companies control the customer relationship.
Nvidia Adds $442 Billion in One Day as AI Trade Broadens
Nvidia added about $442 billion in market value in a single session as enthusiasm around AI spread into major software stocks. But with market strength still concentrated, Brent crude near $90 and Fed Chair Kevin Warsh in focus, the next question is whether that momentum can broaden and hold.