US stocks today: US stocks slide as AI spending jitters hit Nasdaq, oil prices reboundUS stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Met...
Tech under pressure on AI jitters, dollar slips: Markets wrapSouth Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest clos...
OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources sayOpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...
China stocks end higher as strong GDP outweighs AI jittersChina's economy expanded 4.5% year-on-year in the third quarter, topping forecasts and reducing the urgency for Beijing to step up support ...
Lightstorm’s India-Southeast Asia subsea cable system to be ready in 2029, says CTOLightstorm is a network provider that builds high-capacity optical fibre and AI-native connectivity platforms across the APAC region. The I...
Oil, foreign flows in focus for rupee; bond traders eye rate-hike betsDuring the upcoming holiday week, analysts predict the Indian rupee will remain steady, with oil price trends and foreign capital flows pla...
Dollar heads for weekly loss as Fed hike bets fade, AI jitters lingerThis week, the dollar faced a notable drop due to decreased expectations for interest rate increases from the Federal Reserve. Federal offi...
Euro gets much-needed reprieve as AI wobbles rock the dollarThe dollar is about to experience its first weekly decline in five weeks amid AI investment concerns. The euro has rebounded from a 17-mont...
US Treasury yields fall sharply on AI jittersIn a significant market shift, US Treasury yields fell sharply as investors flocked to safe-haven assets following an AI-induced tech sello...
Why governments might secretly wish for an AI stumbleGovernments are increasingly concerned about the potential volatility linked to the AI investment boom. Recent sell-offs in AI-related stoc...
Why governments might secretly wish for an AI stumble: Mike DolanConcerns over AI-related investment instability are prompting a notable pivot towards government bonds among investors. Top asset managers ...
US bank earnings in focus as Treasury yields surge, raising concerns over lending and dealmakingUS bank stocks face a critical earnings test as investors assess whether rising Treasury yields, higher deposit costs and slower dealmaking...
Global Market: Japan’s Nikkei falls as AI concerns, global bond market stress weighJapan’s Nikkei 225 fell 1.06% as AI-sector concerns, elevated global borrowing costs and rising oil prices weighed on investor sentiment. W...
India IT set for fourth year of weak growth on geopolitics, AI risksAs HCL Technologies Ltd. and Tech Mahindra Ltd. unveil their latest reports, investors are keenly observing the situation, particularly giv...
Rising oil, weak rupee and rate fears hammer Dalal Street; VIX jumps 10%On Thursday, Indian equities faced a significant sell-off, leading to declines in both Sensex and Nifty. The Sensex dropped by 1,045.46 poi...
BoE to put barn owls, bees on future notesThe Bank of England is embracing a new approach by swapping out renowned Britons on banknotes for images of local wildlife like barn owls, ...
Broadening rally in stocks hits an economic roadblockElevated oil prices and surging bond yields are narrowing Wall Street’s rally, leaving investors concentrated in AI-related stocks while br...