Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
While there's no singular catalyst behind this outperformance, the rise of artificial intelligence (AI) has, arguably, played the biggest role in sending Wall Street's major index ...