What’s News in Markets: CoreWeave Selloff, Apple Milestone, Borrowing Boom
Summary
WSJ’s Imani Moise reports on a volatile week where hot inflation data and rising rate fears triggered a sharp sell-off in tech and AI stocks, despite the S&P 500 marking its four-year bull market anniversary. CoreWeave led the decline as investors worried about massive AI infrastructure debt, while Apple bucked the trend to join the $5 trillion club on strong demand for its new foldable phone. The segment also highlights a surge in margin loans at Charles Schwab, driven by popular tax-aware investing strategies that have prompted the firm to raise account minimums to manage risk.
Topics discussed
Sponsor: Viking Cruises
Introduction and market recap
Inflation fears and bond market refuge
CoreWeave and AI sector debt concerns
Apple joins $5 trillion club
Schwab margin loans and tax-aware investing
Show credits and sign-off
Sponsor: Janice Henderson
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