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Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
South Korean shares fall over 5% on AI spending concerns and oil spikeSouth Korean shares declined significantly on Friday due to AI spending concerns. Mega US tech firms' moderation in AI outlays impacted Asi...
Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlookIndian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spending concerns, the Dow edged higher....
SK Hynix overtakes Samsung to become South Korea's most valuable companySK Hynix has surged past Samsung Electronics to become South Korea's most valuable company, driven by its dominance in high-bandwidth memor...
US stocks: Nasdaq and S&P 500 slip while Dow hits record high ahead of Fed rate decisionTechnology stocks pressured the Nasdaq and S&P 500 lower on Tuesday, while the Dow Jones Industrial Average achieved its second consecutive...
OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
SpaceX, Anthropic, OpenAI can rewrite history for megacap IPOsInvestors face a key decision on when to buy shares in upcoming mega-tech IPOs like SpaceX, Anthropic, and OpenAI. Historical data shows te...
Did this L&T-backed AI stock actually crash 90% in one day? Here's all you need to knowE2E Networks appeared to plunge nearly 90% in a day after its 1:10 stock split took effect, but the move was purely a price adjustment. The...
U.S. Stock Market prediction: Dow Jones, Nasdaq, S&P 500 set for strong start in June. List of stocks to target, avoid todayNvidia stock, Microsoft shares have jumped big in the pre-market trading as U.S Stock Market investors eyes strong start to June in Dow Jon...
AI bubble debate gets real as chip stocks rallyChipmaker stocks are soaring, leading to a debate about an artificial intelligence bubble. Demand for AI data center chips is driving price...
US stocks today: S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefireThe S&P 500 and Nasdaq hit record closing highs as hopes of a US Iran ceasefire extension boosted sentiment. Investors also digested US inf...
AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
NVDA stock price: Nvidia earnings beat expectations again but why did NVDA stock slip after hours? Here's what you need to knowNvidia reported strong earnings and revenue, exceeding Wall Street forecasts. The chip giant also announced a significant share buyback and...
US Stock Market: AI spending boom fuels Nvidia growth, but Wall Street seeks long-term visibilityNvidia reported blockbuster first-quarter results, driven by a surge in data center revenue and strong future projections, including an $80...