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All eyes are on Nvidia's fourth quarter results, due after the closing bell on Wednesday, as AI concerns continue to grip markets.
By Utkarsh Hathi Feb 26 (Reuters) - Canada's resources-heavy index fell on Thursday as weakness in commodity-linked stocks outweighed gains in tech stocks driven by upbeat earnings from Salesforce. The S&P/TSX composite index was down 0.
The S&P 500 and the Nasdaq dipped on Thursday as the recent rally in technology stocks ground to a halt with Nvidia declining despite its stellar quarterly results, reigniting concerns regarding the AI trade.
Claude, Anthropic's AI chatbot, has sparked major selling of US tech stocks as its capabilities induce fear among investors of widespread disruption.
Oddity posted big sales growth and beat revenue and earnings expectations in Q4. The company guided for a massive sales decline in the current quarter. Oddity's valuation is getting crushed following the company's latest earnings report.
The Motley Fool reports that 58% of individual investors plan to buy more stocks in 2026, driven by AI optimism, despite economic concerns.