Chip stock rout deepens: SOX in bear mode as Nvidia, Micron, SK Hynix lead lossesSemiconductor stocks have seen a significant market capitalization drop recently. Investors fear an artificial intelligence bubble and Chin...
AI isn’t a catch-all trade for stocks in this earnings seasonInvestors are becoming more selective about AI-linked stocks, rewarding companies such as Microsoft and Amazon for showing clear returns fr...
South Korea July exports beat forecasts on robust demand for AI investmentsSemiconductor exports jumped 179% as memory chip prices continued to rise despite the issues of Apple's potential use of Chinese memory ch...
Apple set to lose nearly $500 billion in value after weak forecastApple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impa...
EU to crack down on AI deepfakes, illicit imagery and hacking with new team in BrusselsThe European Union has launched a new team to regulate AI companies worldwide. This initiative aims to track AI model usage for violations ...
No chips, no models, no problem: Indian manufacturers strike gold in AI's infrastructure gold rushAt a bustling factory in western India, technicians work around the clock to turn glass into hair-thin fibre-optic strands destined for dat...
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
Stocks in news: Maruti Suzuki, ITC, Vedanta, Swiggy, RILIndian markets traded in a narrow range, settling marginally higher with mixed cues. Maruti Suzuki, ITC, and Vedanta shares are in focus du...
US stocks: Amazon beats estimates for quarterly cloud revenue growthAmazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...
AI Big Short? Why rising credit default swaps are spooking investors and how is it similar to 2008 housing crisisRising credit default swaps on major technology companies are fuelling concerns over a potential AI-driven market correction. Investors are...
US Stocks: US market edge lower ahead of Fed decision; chip stocks wobbleMajor stock indexes on Wall Street opened lower on Wednesday. Investors awaited the Federal Reserve's monetary policy decision amid Middle ...
Apple briefly becomes second company ever to notch $5 trillion market valueIts shares were last up 0.2% at $337.7, giving it a market capitalization of $4.96 trillion. At a session high of $342.89, Apple's market v...
US Stocks: Nasdaq falls as AI worries mount ahead of pivotal earningThe Nasdaq opened lower on Tuesday, reflecting global market caution. AI chip stocks faced concerns over corporate spending and Chinese com...
Big Tech Earnings Take Center Stage: 10 Stocks to Watch This WeekWall Street enters its busiest earnings week as Microsoft, Meta, Apple, Amazon, Exxon, Chevron and others report results, with investors wa...
US Stock Market: Equity funds see second week of outflows as big tech earnings, oil rally dampen sentimentU.S. equity funds saw a second week of outflows as caution ahead of big tech earnings and rising oil prices weighed on sentiment. Growth fu...
South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big techThe partnership includes the long-term supply of $750 billion in memory chips to US companies by SK Hynix and $200 billion in chips by Sams...
Trump says US to launch EU probe over 'illegal' Google fineUnited States President Donald Trump criticized the European Union's decision to fine Alphabet's Google. He announced an immediate probe in...