Tech selloff sees Asia stocks slide
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Michael Burry, ai and stocks
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U.S. stocks were wobbling on Tuesday, with several highflying tech names leading the way lower. This comes despite quarterly earnings that have mostly exceeded expectations and a typically favorable patch for investors ahead during the year-end stretch.
Q3 2025 has knocked down several stocks, but sometimes the market does throw the baby out with the bathwater. Well-established solid businesses like Chipotle Mexican Grill (NYSE:CMG), Booz Allen Hamilton (NYSE:BAH),
Japanese investors divested significant holdings in foreign stocks in the week to November 1, as they turned cautious amid hawkish remarks from some U.S. Federal Reserve officials and favoured locking in profits after the recent market rally.
Dividend stocks have more than doubled the average annual return of non-payers over the last 51 years. Phenomenal deals can be found among ultra-high-yield dividend stocks -- those with yields four or more times higher than the average yield of the S&P 500.
Major U.S. indexes, including S&P 500, Nasdaq and Russell 2000, closed down more than 1%, while the values of crypto and gold also fell.
For the second time ever, U.S. stocks have crossed a valuation milestone, suggesting low future returns.
Employers announced over 153,000 job cuts last month, marking the worst October for layoff announcements in 22 years.
Enthusiasm about artificial intelligence and the companies that produce AI services has been overflowing for months. Companies from Amazon to Microsoft to OpenAI have announced a steady stream of multibillion-dollar deals with each other, r aising questions over the sustainability of the industry and its sources of funding.