📈 Stocks / Finance

AI Disruption Fears Spark Broad Stock Sell-Off

Yahoo Finance

Worries that AI will replace high fee services triggered a sell off in software, logistics, and wealth management stocks. Some firms fell sharply, but many analysts say the drop may be overdone and expect the broader market to recover.

Apple Earnings Boost Outlook for Micron

AOL

Apple reported strong iPhone sales and warned that memory chip prices are rising. That is good news for Micron, a key supplier, as tighter memory supply and AI demand could lift prices, profits, and its stock outlook.

IonQ Named Top Quantum Stock Pick for February

Yahoo Finance

A Motley Fool analyst calls IonQ the top quantum computing stock to buy now, citing its industry leading accuracy and early tech edge. The field is still risky and unproven, but IonQ is seen as a strong bet if quantum computing grows.

🪙 Crypto

Standard Chartered Cuts XRP Target After Crypto Selloff

DL News

Standard Chartered cut its XRP year end price target by 65% after the recent crypto market drop and warned more weakness may come. It also lowered forecasts for Bitcoin, Ethereum, and Solana as prices struggle.

🌎 Global Economy

Global Markets Mixed as Jobs, AI, and Policy Drive Caution

London Business News

Global markets were mixed as strong US jobs data lowered rate cut hopes and AI disruption fears hit tech stocks. Europe showed modest growth, while Asia saw mixed moves with Japan boosted by politics and China facing weak demand and deflation pressure.

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