
U.S. equities tread water as investors reassess AI bets
Wall Street traded unevenly as optimism about an imminent end to the U.S. government shutdown was offset by growing concern that AI stocks have become overvalued. SoftBank Group announced it had sold its entire stake in Nvidia to raise funds for its own AI ventures, a move that reinforced doubts about whether the sector’s rapid spending spree can deliver sustainable returns. Nvidia shares fell around 2% in early trading, reflecting nervousness over inflated valuations and fading investor enthusiasm for AI-linked equities.
Gold Market Update
Gold is trying to recoup previous losses as traders weighed weak U.S. job data against the likelihood of the government reopening soon, as well as the potential of a third rate cut in a row by the Fed. Despite a softer dollar, bullion failed to gain momentum due to outflows from gold-backed ETFs as investors took profits following a rapid rally to record highs above $4,380 in October. Sentiment toward gold has cooled in recent weeks as the metal’s fast run-up encouraged some to reduce exposure.
Bitcoin Market Summary
Bitcoin remained under pressure, struggling to recover from last month’s sharp decline. After briefly topping $107,000, the cryptocurrency fell back below $105,000 amid persistent fatigue across digital asset markets. The slide was driven by profit-taking from large holders and lingering caution following recent liquidations, leaving sentiment fragile and momentum subdued.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Capital Market Authority (CMA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.