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TECH SELLOFF
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...
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 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...
Global Market Today: Asian stocks fall on tech selloff, oil trades above $100Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their...
Stocks in news: Infosys, Cipla, Meesho, Suzlon Energy, IndiGo, NTPCMarkets extended their losing streak for a fourth consecutive session. Infosys reported a 12% year-on-year profit growth in its first quart...
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...
Global Markets: Japan's Nikkei rallies after steep decline as focus turns to tech resultsJapan's Nikkei share average advanced on Tuesday after a significant weekly decline. Markets reopened and investors bought bargains followi...
Global Market: Japan's Nikkei rebounds as bargain buying lifts stocks after sharp weekly selloffJapan's Nikkei share average advanced on Tuesday, recovering from last week's steep slide. Investors bought beaten-down stocks after a mark...
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...
Will Sensex, Nifty extend gains on Monday? Q1 earnings, global tech selloff among 6 factors to steer D-St this weekDalal Street ended the week on a strong note, with the Sensex and Nifty gaining over 1% on Friday. Investors will track six key market trig...
Tech selloff weighs on European shares ahead of ECB meeting next weekEuropean stocks edged lower Friday, influenced by a global tech sell-off and Middle East tensions. Investors await the European Central Ban...
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...
Meta, Anthropic in talks for potential $10 billion compute lease deal: NYTMeta Platforms is reportedly discussing a significant deal to lease computing power to Anthropic. This potential agreement could be valued ...
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...