The Latest Breaking News from Ed Yardeni

It's been a brutal week for tech stocks, with AI-linked names tumbling across the board despite strong earnings from several industry leaders — a clear sign investors are starting to question whether the artificial intelligence boom has run too far, too fast.

As the week comes to a close, here’s a quick recap of the top stories that dominated the headlines, from the world of politics to the economy and the stock market.

(Editor’s note: The future prices of benchmark tracking ETFs, the headline, and the lede were updated in the story.)

The markets have already celebrated the Fed's next move — now they want a new reason to keep the party going.

Wall Street traders are doubling down on a year-end surge in the SP 500 as the index powers to fresh record highs, seasonality kicks in, and the Federal Reserve prepares for other rate cuts — with some now eyeing a moonshot rally reminiscent of the late 1990s.

Technology stocks are nearing the kind of explosive rally not seen since the dot-com era, as a potent mix of Fed rate cuts, AI-driven earnings, cooling inflation and trade optimism sends investors piling back into the sector.

“The latest leg of the gold rally looks like a market bubble that is in its final stages.”

The Fed is set to lower interest rates again this year, but according to Ed Yardeni, the economy doesn't need the help—and the result could be a stock market meltup reminiscent of the late 90s tech frenzy.

While the market's attention has largely concentrated on major headlines such as the blistering technology ecosystem, the Federal Reserve's shifting stance on monetary policy deserves careful consideration. Last month, the central bank cut its benchmark interest rate by 25 basis points, thus delivering a widely expected move that ended a…

China is tightening its grip on rare-earth exports in a high-stakes economic play, threatening global supply chains in sectors like technology, defense and semiconductors, yet analysts warn the move could backfire by accelerating diversification efforts and provoking harsher U.S. tariff retaliation.

Gold is having a blockbuster year, and speculation is mounting that there's more than just inflation or tariff hedging behind the move — with some experts now floating the possibility that the Donald Trump administration may be quietly buying gold.