Actualités technologiques et économiques

The artificial-intelligence trade carried the U.S. stock market in September. But in October, it is being carried out on a stretcher.

There’s a reason the index hasn’t moved much since June, according to a team at UBS.

The artificial-intelligence trade is on the ropes. CNN’s “Fear & Greed” index is screaming fear, and the yield on the 10-year Treasury note just clinched its biggest daily drop since the collapse of Silicon Valley Bank.

The idea that the AI trade has been mostly immune to rising bond yields isn’t quite right, one strategist notes.