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AI EXPANSION FEARS
US stocks suffer worst rout since 2020: Dow plunges 1,800 points, Nasdaq crashes 5.5% as AI fears wipe out $3 trillionWall Street experienced a major selloff in technology stocks following recent midterm election outcomes. The Nasdaq Composite recorded its ...- Nvidia, AMD, Meta, other tech stocks nosedive as Democratic sweep prompts AI slowdown fearsNvidia and AMD faced noticeable drops as Democratic wins sparked fears regarding possible restrictions on AI development. This ripple effec...
- Nomura silences AI doubters, says Kospi can hit 10,000 mark to double as fundamentals are intactSouth Korea's Kospi plunged to a nine-month low amid fears that US political shifts could slow AI infrastructure spending and hurt chip dem...
- 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...
- Why did US stocks crash? Trump blames Democrats as AI regulation fears rattle marketsDonald Trump blamed the Democrats' midterm election gains for Wall Street's sharp selloff, as concerns over potential curbs on AI investmen...
- AI meltdown: Kospi crashes 9%, hits 9-month low as Wall Street bloodbath after midterm elections spills to Asia; circuit breaker triggeredThe sell-off followed a global market rout on Thursday, which saw the Nasdaq 100 plunge 6.4%, wiping out a record $2.3 trillion in market v...
- D-Street braces for gap-down opening on negative GIFT Nifty cuesOn Thursday, the Nifty index exceeded 24,000 for the first time in nearly two months. This rise was supported by falling crude oil prices a...
- Stock markets down today: Dow Jones plunges 1,753 points, S&P 500 drops 4% and Nasdaq enters correction - why Wall Street reversed its post-election rallyStock markets down today: Wall Street's post-election rally quickly turned into a major sell-off as the Dow plunged 1,753 points and the Na...
- Nasdaq tumbles over 3% as tech stocks extend selloff after Democrats sweep midterms; Tesla plunges 9%, chipmakers slideUS stocks faced a sharp decline on Thursday, particularly in technology shares, amid concerns over regulatory scrutiny. The Nasdaq Composit...
- AI stocks retreat as Democratic sweep puts data centre boom in focusAI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data cen...
- Why did the Dow Jones jump 1,250 points today after Democrats won Congress while Tesla, SpaceX and AI stocks struggled? Will a Democratic Congress slow the AI boom?Wall Street took the election result well on Wednesday, yet some names missed the rally. Democrats won Congress, and the Dow climbed 1,245 ...
- Google loses nearly half a trillion in market value: What went wrong with Alphabet?Alphabet lost $482 billion in market value after its shares plunged nearly 13% following disappointing third-quarter results. Despite 103% ...
- Meta kicks off first euro bond sale in latest test for tech sectorMeta Platforms has initiated a significant bond sale, marking its first offering of euro-denominated bonds aimed at financing its investmen...
- Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloffIntel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. T...
- Executive search defies broader job market uncertaintyIndia's executive search firms are reporting strong growth despite layoffs, AI-driven disruptions and global economic uncertainty. Leading ...
- Google went to Finland for its AI expansion. Now a cleared forest and a police probe threaten to overshadow its $15 billion investmentGoogle's planned expansion in Finland is facing scrutiny due to alleged environmental violations at a data centre site. Authorities are inv...
- Elon Musk’s xAI offers to buy 418 homes near its Mississippi data centre amid noise complaintsResidents in Colonial Hills are considering buyout offers from xAI due to ongoing noise complaints. The energy demands of the AI data cente...
- Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sourcesCognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI...
- Anthropic IPO by the numbers, from a possible valuation in the trillions to surging revenueThe artificial intelligence lab filed papers Monday setting up a Wall Street debut next month, ahead of its chief rival OpenAI and just mon...
- From 700% gains to a 50% plunge: China's AI stocks are crashing despite Beijing's tech ambitions. Here's whyChina's artificial intelligence stock market has faced a steep decline, losing around $480 billion in market value. Many leading technology...
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