Maria Aspin
👤 SpeakerAppearances Over Time
Podcast Appearances
He ended the week billions of dollars poorer on paper, though he's still one of the wealthiest people in the world.
Maria Aspen, NPR News, New York.
The Federal Reserve cut interest rates again, as widely expected, and said it's entering wait-and-see mode about the economy.
Investors responded by sending the Dow and the S&P 500 to record highs on Thursday.
It was a good week for non-tech stocks like UnitedHealth Group and Johnson & Johnson.
But the big tech companies that have been dominating the markets sparked more fears about an AI bubble.
Shares in chipmaker Broadcom plunged, as did shares in Oracle, Larry Ellison's cloud computing company.
Ellison's family is also trying to buy Warner Brothers Discovery.
He ended the week billions of dollars poorer on paper, though he's still one of the wealthiest people in the world.
Maria Aspin, NPR News, New York.
The Federal Reserve cut interest rates again, as widely expected, and said it's entering wait-and-see mode about the economy.
Investors responded by sending the Dow and the S&P 500 to record highs on Thursday.
It was a good week for non-tech stocks like UnitedHealth Group and Johnson & Johnson.
But the big tech companies that have been dominating the markets sparked more fears about an AI bubble.
Shares in chipmaker Broadcom plunged.
Acid shares in Oracle, Larry Ellison's cloud computing company.
Ellison's family is also trying to buy Warner Brothers Discovery.
He ended the week billions of dollars poorer on paper, though he's still one of the wealthiest people in the world.
Maria Aspen, NPR News, New York.
The cut was widely expected, but unusually contested.