News
Tech investors return to market amid debt concerns
Investors are buying back into tech stocks as the Nasdaq Composite rebounded over 1% after a recent dip, but debt worries persist, especially for neocloud firms like CoreWeave and Oracle, whose credit spreads have widened. Intel, AMD and Micron saw gains after analyst upgrades. AI IPO prospects dim, with only Anthropic showing a >50% chance of announcing an offering this year. Geopolitical tensions rise as former President Trump discusses a possible summit with Putin and Xi, while criticizing Ukrainian President Zelenskyy. Elon Musk announced plans to give a SpaceX share to every U.S. child next year, valued at roughly $10.5 billion.