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AI BUBBLE BURST
US-China AI race could face financial setbacks, mass layoffs over next three years: ReportThe report highlighted, the global artificial intelligence (AI) race is increasingly becoming a contest between China's state-led approach ...- Anthropic retracts details of $69 billion IPO filing sent to bankers. Why analysts are raising worries over valuationsAnthropic initially shared its IPO filing details but later retracted the information due to inaccuracies. The company aimed to sell approx...
- Why did market rally today? Sensex ends 1,718 pts higher, Nifty reclaims 25,000 as D-Street concludes bumper week. 4 factors behind today’s gainsIn a surprising turn of events on Friday, both Sensex and Nifty soared by more than 2%, contrasting with the downturn seen in global market...
- D-St defies Asia rout! Sensex surges 1,500 pts, Nifty tops 24,900 as Diwali fireworks continue. What's ahead?The Indian stock market defied global trends by experiencing gains, with Sensex and Nifty both rising up to 1% today. While international m...
- AI selloff hits India too: TD Power, HFCL, Sterlite, other power capex-linked stocks crash up to 15%Indian power capex and AI-linked stocks tumbled as a global technology sell-off spread across markets, with TD Power and Thermax plunging 1...
- Infosys, Wipro, TCS and other IT stocks rise up to 3% as US AI rout deepens; is the bubble bursting?In the wake of a worldwide AI stock decline, companies such as Infosys and TCS have seen their shares rise, demonstrating a contrasting tre...
- Was Michael Burry right about the AI bubble? Wall Street loses $2 trillion as AI and chip stocks plunge: Why are Tesla, Palantir, AMD, Broadcom and SanDisk crashing?Michael Burry's warning about an AI bubble is back in focus as Wall Street loses more than $2 trillion in market value. On Thursday, Novemb...
- Uday Kotak says $700 bn outstanding FII payments will boost market, sees AI worries driving flows to IndiaVeteran banker Uday Kotak expects India to benefit from a potential reversal in global investment flows as concerns over excessive AI spend...
- AI bubble is coming, and there is no way out! Aswath Damodaran explains what investors should do before the crash beginsValuation expert Aswath Damodaran believes an AI bubble is inevitable and investors cannot avoid its impact entirely. In a recent podcast, ...
- Michael Burry says Anthropic IPO papers show AI industry is 'catastrophically vulnerable'. What the 'Big Short' investor seesInvestor Michael Burry warned that Anthropic’s planned IPO exposes serious vulnerabilities in the AI industry, citing massive infrastructur...
- 87% of India CEOs confident of growth despite cyber, geopolitical risks: KPMGNearly 87% of Indian CEOs are confident about their companies' growth prospects in the next three years. They are increasing investments in...
- Infosys, TechM, TCS, other IT stocks plunge up to 5%, extend losses as global AI trade rebounds. What lies ahead?Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hyni...
- AI bubble bursting or just letting out air? Neoclouds may offer cluesElon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...
- In China, the AI bubble has already burstWhile global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs on...
- In China, the AI bubble has already burstChina's technology sector is experiencing a dramatic decline, leading to extensive financial repercussions for numerous industries. The STA...
- Oracle may extend US staff separation scheme to IndiaOracle’s India workforce has been shrinking over the past six months, with engineering departures running at roughly five times the pace of...
- AI bubble to burst soon? Artificial Intelligence meltdown in China but Anthropic IPO at US Stock Market tell interesting stories of AI boomAmid the billions — even trillions — at stake, worries about an AI boom are looming in the background along with concerns about keeping the...
- Analysis: In China, the AI bubble has already burstChinese tech stocks, especially in AI and semiconductors, have experienced a dramatic decline in value recently. The mainland STAR50 index ...
- Michael Burry's top 10 life lessons for GenZ: 'Buy half the house you can afford'Michael Burry provides life advice and personal finance tips to a 26-year-old in a Substack post. He emphasizes the importance of exercisin...
- OpenAI’s IPO dream may shatter with distress sale to MSIn a recent discussion, Gary Marcus raised critical flags about OpenAI's fiscal responsibilities as the stock market faces instability. He ...
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