Round-the-clock trading is fast approaching U.S. stock markets, but not all of Wall Street is embracing the move.

Rising depreciation expenses from the data center binge is a major worry. Alphabet, Microsoft and Meta combined for about $10 billion in depreciation costs in the final quarter of 2023. The figure rose to nearly $22 billion in the quarter that just ended in September. And it’s expected to be about $30 billion by this time next year.

The 7,700 index target is in part predicated on Citi’s expectation that the Fed will cut rates twice in early 2026, faster than the market discounts at present, as it is confronted with higher unemployment, a likely corollary of those AI productivity gains. Citi projects a U.S. 10-year yield of 3.75% by end 2026, compared to the 4.18% at present.

Wall Street is edging lower at the start of a week full of economic reports that could drive where interest rates, and thus stock prices, go.

Wall Street analysts have been dusting off their crystal balls and setting year-end targets for the S&P 500 for next year. The forecast from Bank of America Securities is the most bearish, expecting the main U.

The valuations of some artificial intelligence companies are approaching those of the dot-com boom. But investors worry that pulling money from today’s market risks future gains.

Nasdaq, one of the world's largest exchanges that is home to tech companies Nvidia, Apple and Amazon, is planning to submit paperwork with the U.S. Securities and Exchange Commission on Monday to roll out round-the-clock trading of stocks,

On Dec. 9, Nicholas Financial Corporation filed paperwork with the United States Securities and Exchange Commission (SEC) for the Nicholas Bitcoin and Treasuries AfterDark ETF, a product designed to hold Bitcoin-linked exposure only during overnight hours, exiting positions before the U.S. market opens.