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Tech Stocks Face Correction Risk as Chip Rally Cools

Artificial intelligence enthusiasm continues to buoy chipmakers as companies invest heavily in critical data center infrastructure. The Philadelphia SE Semiconductor index soared 64% since March, vastly outperforming the S&P 500 benchmark. Industry
13/05/2026

Dollar Eyes Recovery as Market Optimism Fades

Investors originally sought the currency for safety, but shifting geopolitical hopes recently cooled that bullish momentum. The dollar index, tracking six major counterparts, recently shed 3% from its late March peak of
13/05/2026

Under Armour Warns of Annual Sales Decline

The sportswear brand pointed to economic uncertainty and cautious spending patterns among shoppers in its largest market. Under Armour expects fiscal 2027 revenue to decline slightly from the previous year’s performance. Analysts
12/05/2026
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