Trading on Wall Street is mixed early Friday as worries persist about a potential bubble in artificial-intelligence technology, despite another strong earnings report from the sector.
Futures for the S&P 500 slipped less than 0.2%, while futures for the Dow Jones Industrial Average rose 0.2%. Futures for the Nasdaq, where the biggest technology players are listed, fell 0.5%.
The Dow this week is up more than 1.5%, while the Nasdaq is treading water.
Broadcom shares sank nearly 6% overnight as concerns over its sales projections and margin pressure overshadowed record revenue from the chipmaker and AI heavyweight.
A day earlier, Oracle handily beat profit expectations but its stock tumbled more than 10% because of the company's spending blitz. Capital spending for the quarter was 40

The Daily Sentinel

NewsNation Business
Star Beacon
The Motley Fool
Reuters US Business
CNBC
Rutland Herald
CBS News