Broadcom Shares Slide on AI Market Sales Outlook

Stephanie Guild, Chief Investment Officer at Robinhood Markets, discussed recent retail trading trends on Bloomberg's 'Businessweek Daily,' highlighting the growing interest in AI-related investments and broad-based ETFs. This conversation reflects the evolving landscape of retail trading, where technology and artificial intelligence are increasingly influencing investor behavior.

Ulrike Hoffmann-Burchardi, Global Head of Equities and CIO Americas at UBS Wealth Management, indicated that supportive policies and a shift in the artificial intelligence narrative from capital expenditure to cash flow are expected to drive a broader and higher equity market in 2026 during her discussion with Bloomberg's Matt Miller.

The proposed missile and air defense system by Trump represents a significant financial undertaking, with estimates suggesting that the initial spending target may only cover a fraction of the total costs involved. Bloomberg's Becca Wasser provided insights on this complex project during a discussion on Bloomberg Intelligence.

Shares of companies involved in artificial intelligence infrastructure have significantly declined following Oracle Corp.'s announcement of delays in its data center projects, which compounded existing concerns after Broadcom Inc.'s disappointing earnings report. This selloff has raised alarms among investors about the stability of AI-related stocks.

Wealthfront is preparing to raise $484.6 million as it goes public, with plans to trade on the Nasdaq under the ticker 'WLTH'. The fintech company is recognized for its automated investing tools and has gained popularity among younger investors. CEO David Fortunato discussed the company's debut on Bloomberg Open Interest.

A significant sell-off in technology stocks led to a 1% decline in the S&P 500 index, driven by disappointing earnings from Broadcom Inc. and renewed concerns regarding Oracle Corp.'s data center completion timelines, which have sparked anxiety about the artificial intelligence sector's future prospects.

UBS shares surged to a 17-year high following a proposal by Swiss lawmakers to ease the government's capital requirements, allowing the bank to utilize AT1 bonds instead of equity. This development comes amid ongoing discussions about the financial stability of major institutions in Switzerland.

SoftBank Group Corp. is considering acquisitions, including data center operator Switch Inc., as founder Masayoshi Son aims to leverage the growth in digital infrastructure driven by artificial intelligence. This strategic move reflects SoftBank's ongoing efforts to enhance its portfolio in the rapidly evolving tech landscape.