July 2, 2024
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Stocks waver after key data as Micron slides

  • June 27, 2024

US stocks were little changed on Thursday after chipmaker Micron’s (MU) outlook put a dent in tech-rally hopes as investors assessed fresh economic data ahead of an inflation reading key to Federal Reserve policy. The S&P 500 (^GSPC) hugged the flatline after rising Wednesday to close not far short of a new all-time high. The

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Finance

Silicon Valley luxury home market heats up amid AI boom

  • May 25, 2024

Artificial intelligence companies’ explosive growth is boosting San Francisco’s luxury real estate market. Sales of homes priced at $5 million or more in Santa Clara County — home to Silicon Valley — spiked in April. The median home price is nearly $1.8 million, according to real estate agency Compass. Local analysts and agents attribute the

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