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AI EQUITY SELLOFF
Dollar heads for weekly loss as Fed hike bets fade, AI jitters lingerThis week, the dollar faced a notable drop due to decreased expectations for interest rate increases from the Federal Reserve. Federal offi...
Global markets: Stocks slip as dollar heads for weekly lossIn a week fraught with concerns over escalating interest rates and financial complications tied to AI, global stock indices saw moderate de...
Big US bank stocks head for longest weekly losing streak since 2008Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and ...
Global hedge funds suffer steep losses as AI trade unwinds, Asia funds hit hardestGlobal hedge funds suffered steep losses as investors unwound artificial intelligence-related trades amid inflation concerns and expectatio...
Global Market: South Korean shares rebound, but head for biggest weekly loss in 18 yearsSouth Korea’s KOSPI rebounded 2.36% on bargain hunting after a steep selloff, but remained on track for its biggest weekly decline since Oc...
Global Market Today: Asian stocks advance as selloff in chips easesThe MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. bo...
US stocks: Dow, S&P 500 end higher as traders shift from AI to healthcareAfter a rocky start, the S&P 500 experienced a resurgence, largely spurred by investments in the healthcare and consumer segments. Investor...
US Treasury yields fall sharply on AI jittersIn a significant market shift, US Treasury yields fell sharply as investors flocked to safe-haven assets following an AI-induced tech sello...
Wall Street banks' bond trading revenue hit by market volatility, equities shineAmidst a backdrop of volatility in interest rates and a bond market selloff, Wall Street banks experienced a downturn in fixed-income tradi...
Rs 82,500 crore rally in 3 days: Why TCS, HCL Tech, other IT stocks jumped up to 12% in 3 days and will the boom last?Indian IT stocks have rebounded sharply. The Nifty IT index has risen 8%, adding Rs 82,500 crore to the sector’s market capitalisation. The...
Why governments might secretly wish for an AI stumbleGovernments are increasingly concerned about the potential volatility linked to the AI investment boom. Recent sell-offs in AI-related stoc...
Global Market: Japanese government bond yields hit one-month lows as investors seek safetyJapanese government bond yields fell to more-than-one-month lows as investors sought safe-haven assets amid a global equity selloff, hotter...
AI boom’s funding web could spread losses across global markets, IMF warnsThe IMF reports that global AI investment could induce a significant market correction if expectations are unmet. Economic growth has been ...
Why governments might secretly wish for an AI stumble: Mike DolanConcerns over AI-related investment instability are prompting a notable pivot towards government bonds among investors. Top asset managers ...
TCS, HCL Tech, Infosys shares surge up to 11% in 2 days; Nifty IT soars 2,000 points. More steam left for rally?Indian IT stocks rallied as concerns over AI-driven disruption eased, triggering an “anti-AI” trade. The Nifty IT index surged over 2,000 p...
Indian equities jump 1.6% as FM's STT remarks spark hopes of tax reviewIndian equities surged 1.6% on Tuesday, marking the largest single-day gain in over two months. This increase followed remarks by finance m...
Nifty IT surges 5.2% to log biggest single-day gain in 17 monthsIndian IT stocks experienced a significant increase following HCL Technologies' strong earnings report for the September quarter. The Nifty...
Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
Surging bond yields wreak havoc on Dalal Street, but IMF sees more pain ahead. Why AI is one of the culpritsThe IMF has flagged three risks to global financial stability: an AI-driven market correction, rising sovereign bond yields and cyberattack...
Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...