Searched for
AI TECH STOCKS SELLOFF CHINA
Global Market: China stocks slide to one-week low as AI valuation concerns hit tech sharesChinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-...
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...
CXMT's 466% listing pop makes it China's most valuable firmCXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia's largest this year, boosting the chipmaker's val...
SpaceX at $100 would imply zero AI value, Morgan Stanley saysSpaceX shares have fallen significantly, nearing a valuation that ignores its artificial intelligence business. Morgan Stanley analysts bel...
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...
Global Market: China stocks rise as CXMT's blockbuster debut lifts market sentimentChinese stocks recovered on Monday after a strong debut by memory chipmaker CXMT Corp. The benchmark CSI300 Index and Shanghai Composite In...
Global Market: CXMT shares soar 470% in Shanghai debut, becomes China's most valuable listed companyCXMT Corp shares surged dramatically on their Shanghai trading debut. The memory chipmaker's stock price increased by as much as 470%. This...
Global Market Today: Oil falls, Asian stocks rise as Iran tensions easeGlobal markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treas...
China memory chipmaker CXMT set for Shanghai debut after Asia's biggest IPOAt the IPO price, CXMT is valued at about 579 billion yuan ($85.5 billion) before the possible exercise of the over-allotment option, makin...
AI-led boom in IPOs raises concerns about a bustThis has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about w...
Kospi jumps 9% in 3 days after big crash. Is South Korea's stock market heading for another rally?South Korea's Kospi surged 4% on Thursday, extending gains for a third straight session, as stronger-than-expected economic growth and robu...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian stock markets experienced significant declines on Wednesday. Escalating global tensions and inflation concerns spooked investors, le...
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...
Bigger crash ahead? JPMorgan CEO Dimon says he won't buy stocks at current prices, says markets underestimating risksJPMorgan CEO Jamie Dimon warned that investors are underestimating geopolitical and fiscal risks, saying he would avoid buying stocks or US...
South Korea’s Kospi jumps 4% after 31% crash from June peak. What’s ahead?South Korea's Kospi index saw a significant jump, recovering some losses after a sharp decline. Shares of chipmakers like Samsung Electroni...
Global Market Today: Asian stocks recover as chips rebound, oil dipsAsian stocks advanced, recovering from recent losses as chip shares stabilized. Megacap technology earnings are anticipated this week, infl...
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...
Wall Street's chip index enters bear market! Is the AI bubble finally going bust?Wall Street's semiconductor index slipped into bear market territory after tumbling more than 20% from its June peak, raising fresh questio...
Hang Seng crashes over 2% as tech selloff hits Asia markets. Why Hong Kong stocks are falling on Friday?Hong Kong's Hang Seng Index fell 2% by midday on Friday, weighed down by a global selloff in technology stocks as renewed inflation concern...