Wall Street Posts First Weekly Loss in Month Amid Storm Over AI Valuations

NAMPA / Sputnik
2025-11-08
WASHINGTON, November 8 (RIA Novosti) - US stocks suffered their first weekly loss in a month as Wall Street's love affair with artificial intelligence (AI) sours from the demands made on tech stocks with sky-high valuations to prove their worth. The pivot comes after a six-month run where the S&P 500 index for the top 500 US stocks and the Nasdaq Composite for Big Tech hit one record high after another as investors punted on the dizzying AI narra......
Restricted content

Latest NAMPA photos

The Namibia Cycling Federation has withdrawn a junior cyclist from the national team set to represent the country at the Confederation of African Cycling Road Cycling African Championships in Kenya, following a racially offensive incident.

The Namibia Cycling Federation has withdrawn a junior cyclist from the national team set to represent the country at the Confederation of African Cycling Road Cycling African Championships in Kenya, following a racially offensive incident.

NAMPA
WINDHOEK, 06 November 2025 - NPC's Kaire Mbuende and development partners pose for a picture at the 2025 Development Partners Forum in Windhoek.(Photo by: Ali Negumbo) NAMPA

WINDHOEK, 06 November 2025 - NPC's Kaire Mbuende and development partners pose for a picture at the 2025 Development Partners Forum in Windhoek.(Photo by: Ali Negumbo) NAMPA

NAMPA
NKURENKURU, 05 November 2025 - Labourers working on road de-bushing projects across the Kavango West region have registered their unhappiness about low pay and harsh working conditions. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 05 November 2025 - Labourers working on road de-bushing projects across the Kavango West region have registered their unhappiness about low pay and harsh working conditions. (Photo by: Lylie Joel) NAMPA

NAMPA
WINDHOEK, 05 November 2025 - Nedbank Namibia on Wednesday launched its #GetMoneyFit marketing campaign, which is aimed at empowering Namibians to take control of their financial wellbeing through consistent and intentional money habits. Pictured here during the launch are Nedbank's Marketing Manager Reliance Chiwome; Chief Commercial Officer JG van Graan; Communications and PR Manager Selma Kaulinge; and Marketing Officer Vistorina Kagola. (Photo: Contributed)

WINDHOEK, 05 November 2025 - Nedbank Namibia on Wednesday launched its #GetMoneyFit marketing campaign, which is aimed at empowering Namibians to take control of their financial wellbeing through consistent and intentional money habits. Pictured here during the launch are Nedbank's Marketing Manager Reliance Chiwome; Chief Commercial Officer JG van Graan; Communications and PR Manager Selma Kaulinge; and Marketing Officer Vistorina Kagola. (Photo: Contributed)

NAMPA
WINDHOEK, 05 November 2025 - The Board of Directors of the Roads Authority (RA) has announced the appointment of Mbahupu Hippy Tjivikua as the authority's new Chief Executive Officer, effective 01 January 2026. (Photo: Contributed)

WINDHOEK, 05 November 2025 - The Board of Directors of the Roads Authority (RA) has announced the appointment of Mbahupu Hippy Tjivikua as the authority's new Chief Executive Officer, effective 01 January 2026. (Photo: Contributed)

NAMPA
KATIMA MULILO, 05 November 2025 - Zambezi Regional Police Commander, Commissioner Andreas Shilelo responds to some of the concerns raised by Bukalo Village Council Chief Executive Officer, Anna Lyamine-Sazita at the Regional Development Coordinating Committee meeting on Wednesday. (Photo: Contributed)

KATIMA MULILO, 05 November 2025 - Zambezi Regional Police Commander, Commissioner Andreas Shilelo responds to some of the concerns raised by Bukalo Village Council Chief Executive Officer, Anna Lyamine-Sazita at the Regional Development Coordinating Committee meeting on Wednesday. (Photo: Contributed)

NAMPA
KATIMA MULILO, 05 November 2025 - Anna Lyamine-Sazita, the Chief Executive Officer of the Bukalo Village Council, speaks during the Regional Development Coordinating Committee meeting on Wednesday. (Photo: Contributed)

KATIMA MULILO, 05 November 2025 - Anna Lyamine-Sazita, the Chief Executive Officer of the Bukalo Village Council, speaks during the Regional Development Coordinating Committee meeting on Wednesday. (Photo: Contributed)

NAMPA
DOHA, 05 November 2025 - Prime Minister Elijah Ngurare pictured at the Second World Summit for Social Development in Doha, Qatar. (Photo: Contributed)

DOHA, 05 November 2025 - Prime Minister Elijah Ngurare pictured at the Second World Summit for Social Development in Doha, Qatar. (Photo: Contributed)

NAMPA