Caution with Cutting-Edge Models

TAGS: Technical Analysis Software

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News in Brief

  • Microsoft joins AI firms calling for caution with cutting-edge models.
  • US Data Centers set to burn more natural gas than most nations.
  • ANZ CEO warns of AI risks, job cuts after Musk, Altman alert.

MarketWatch:

  • The price of almost everything you eat is climbing at once – and Wall Street is taking notice.
  • Saudi Arabia may be just days away from not being able to export much oil.
  • The oil market is sending an increasingly loud warning about gas prices at the pump.

yahoo! finance:

  • Altman on AI: We may lose control.
  • 82% of the Trump administration’s investments are now in the red.
  • Bank of America stock slides – and it’s dragging the sector with it.

Iran aims chilling new weapons at US warships as WWIII fears reach fever pitch.

Global Indexes

S&P 500

The latest AUI scare made the S&P 500 close just above its 50 DMA support with an uncertain high wave candle.

DAX

The DAX also closed with an uncertain high wave candle.

HANG SENG

The HANG SENG made an engulfing bull candle.

NYSE & NASDAQ Stocks

Bank of America

BAC dropped 5.1% breaking support after CEO issued a cautious third-quarter outlook.

Super Micro Computer Inc

SMCI made an 8.4% drop after the AI caution.

JSE Stocks

JSE All Shares

The JSE All Shares followed global markets lower to close just above its 50 DMA support.

Sasol Ltd

SOL reached top resistance with an uncertain doji.

Algomodel Strategies, Education & Features

Click on Education or go to the home page to view education posts.

Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.

All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.

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