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AI FUELED RISK OFF MOOD
AI is now Wall Street’s biggest nightmare: 87% of experts warn of risks to financial system, Fed survey findsA recent survey conducted by the Federal Reserve reveals that artificial intelligence is perceived as the primary threat to financial stabi...- Bitcoin’s billion-dollar wipeouts are becoming a familiar sightBitcoin liquidation events exceeding $500 million have become common, reflecting significant market volatility. Recent trading sessions hav...
- Nvidia scandal looms over US-China AI talksAI bots going rogue and humans using the technology for harm will likely be on the agenda when Donald Trump and Xi Jinping meet next week, ...
- Should Anthropic delay its IPO? Stock market turmoil raises questions over $1.5 trillion valuation as AI spending slowsAnthropic IPO: Anthropic's planned November IPO is facing uncertainty as Wall Street's technology sell-off and slower corporate AI spending...
- Fallout from the Nvidia scandal may dampen the exuberance around the AI boomNvidia CEO Jensen Huang resigned following reports of personal scandals, including extramarital affairs. His departure raised uncertainty i...
- Donald Trump's AI task force met Thursday, discussed AI-powered cyberattacksMembers of Trump's AI task force convened to discuss the necessity of reporting AI-driven cyberattacks. The group aims to develop national ...
- Valuation of top diaspora-led firms jumps 53 pc to USD 15 trillion on AI boom: ReportThe valuation of top global companies led by the Indian diaspora has surged to USD 15 trillion. The sharp increase is largely attributed to...
- IIT Madras develops real-time digital twin platform for autonomous maritime navigationResearchers at IIT Madras have created SEANAV, a digital twin platform for testing autonomous maritime navigation systems. This innovation ...
- Global Market Today: Asian stocks mixed as Nvidia turmoil hits AI-linked sharesNasdaq 100 futures fell over 1% and S&P 500 contracts lost 0.5% after Nvidia tumbled about 10% in late trading. The company’s board is meet...
- Fed's Bowman flags persistent inflation, expects price pressure to ease next yearFed Vice Chair Michelle Bowman flagged persistent US inflation but stopped short of calling for further rate hikes. She expects core PCE in...
- Using ChatGPT at work could make your boss trust you less, even if you deliver better results, study of managers warnsA new study spanning six experiments finds that employees who use ChatGPT and other AI tools at work may be seen as less trustworthy by the...
- Wells Fargo upgrades US AI infrastructure stocks to neutral after chip routWells Fargo upgraded its outlook on US AI infrastructure stocks to neutral from negative, citing improved valuations after a steep semicond...
- Is Dalal Street heading for a sustained rally? Motilal Oswal says FII flows on the cusp of an inflectionForeign investor sentiment towards Indian equities could be approaching an inflection point, according to Motilal Oswal Financial Services....
- US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumpsUS stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market grow...
- Citi downgrades US stocks to 'neutral' as AI sell-off, regulatory risks mountCitigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follow...
- Fed’s Barkin urges rate policy caution, Goolsbee warns of inflation concerns as AI risks loomRichmond Fed President Tom Barkin emphasized the need for caution in managing inflation and its policy risks. He mentioned that inflation c...
- US dollar dips as easing AI and Mideast worries limit its appealAfter a six-month high, the US dollar is now on a downward trend, largely spurred by impressive job growth figures. Investors are eagerly a...
- When wars and AI cast a shadow, India has pressed a power resetIndia’s renewable energy expansion is reshaping its energy security, cutting dependence on imported coal and natural gas as wars, oil suppl...
- Risk-off mood sweeps European stocks as AI concerns deepenEuropean markets saw a 1% dip as a wave of selloffs hit insurance stocks following a Democratic victory, raising concerns around the stabil...
- US SEC's top cop says agency is monitoring AI corporate disclosuresBig Tech stocks sold off this week as companies disclosed they are burning through cash to fuel their AI expansion at a time when interest ...
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