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AI TRADE
TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-...- Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boomSouth Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops...
- UAE sovereign funds, firms to boost investments in IndiaUAE investments in India are set to significantly increase in coming months. Key sectors like artificial intelligence and logistics will se...
- Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debutChina's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday...
- Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
- China accuses US of 'AI hegemonism', threatens countermeasures over potential probesThe ministry said Washington was threatening Chinese companies with punishment based on allegations they used "distillation" to copy advanc...
- The second Chinese AI shock rattles US as China narrows the raceChina's Kimi K3 AI model has emerged, significantly narrowing the technological gap with American frontier systems. This development has pr...
- Chris Wood warns of massive capital destruction in US as China challenges AI boomJefferies strategist Chris Wood warns that the AI infrastructure boom could trigger massive capital destruction as cheaper Chinese open-sou...
- Anthropic mulls mandatory employee stock trading plans after IPO, The Information reportsAnthropic may require employees to sell stock via preset trading plans after its public debut. These plans aim to prevent insider trading c...
- Warren accuses AI firms of trying to curb oversight in trade accordSenator Elizabeth Warren criticizes major AI firms for lobbying against transparency rules. These companies want to hide AI algorithms and ...
- Global Market Today: Asian shares rise as chipmakers gain, oil climbsAsian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...
- US stocks today: S&P 500, Nasdaq close lower amid mixed show by tech stocks ahead of earningsU.S. markets ended mixed with Nasdaq under pressure as software stocks dragged while chip stocks gained. Investors remained cautious ahead ...
- US stocks today: Nasdaq surges 1% as chip stocks extend recovery; earnings in focusWall Street opened higher on Tuesday, led by gains in semiconductor stocks recovering from a recent selloff. Investors are closely watching...
- Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
- Moonshot is creating new winners and losers in the AI tradeThe Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and An...
- South Korea's share market losses deepen as leveraged AI bets take a heavy tollSouth Korean shares experienced a significant decline, triggering market-wide trading curbs. Investors are unwinding AI-linked trades, exte...
- Alphabet, Intel in focus as US earnings season gathers steamCorporate earnings season is gathering steam with key updates expected soon. Alphabet and Intel reports will influence the market-leading a...
- After record $29 billion selloff, FIIs buying India again. Chris Wood explains whyAfter a record $29 billion foreign selloff, FIIs have turned net buyers of Indian equities in July. Jefferies' Christopher Wood says the ea...
- Wall Street Week Ahead: Alphabet, Intel results in focus for AI trade as US earnings rev upCorporate earnings season is gaining momentum with key tech updates expected soon. Investors anticipate strong profit growth, which has sup...
- Wall Street banks are having their best trading year since 2009. Does that mean a crash is coming?Wall Street banks are on track for record trading revenue, driven by AI investing, dealmaking and active markets rather than crisis conditi...
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