IF THE AI BUBBLE BURSTS , THESE STOCKS WILL BE WINNERS

What happened: Jitters about the AI trade spread again as CoreWeave plunged to its lowest level since shortly after its IPO and the Nasdaq Composite fell 2.6% on Thursday. Homebuilder stocks jumped the same day. Key numbers: CoreWeave bond yields reached as high as 15%. Meta fell 7% despite strong earnings. The 10-year Treasury yield fell 3.8% to 4.95%. Why it matters: Investors are skeptical that companies like Meta and CoreWeave will see a return on AI investment, and the rotation into housing stocks suggests they are looking for the next set of winners after AI. Coverage: 4 outlets in 24h

Jitters about the AI trade spread again as CoreWeave plunged to its lowest level since shortly after its IPO and the Nasdaq Composite fell 2.6% on Thursday. Homebuilder stocks jumped the same day.

Investors are skeptical that companies like Meta and CoreWeave will see a return on AI investment, and the rotation into housing stocks suggests they are looking for the next set of winners after AI.