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AI IN STOCK MARKET
South Korea’s SK Hynix announces buyback after stock crashes 50% in two months, wipes off massive retail wealthSK Hynix announced a record 40 trillion won share buyback and cancellation after its stock plunged nearly 50%. South Korea’s Kospi also tum...- Sebi to soon roll out AI rules with a ‘kill switch’ for stock marketSebi will soon issue guidelines for responsible AI and machine learning use in India’s securities market, with mandatory safeguards includi...
- India stocks top Indonesia as Asia’s least-favoured in BofA pollIndia has replaced Indonesia as Asia’s least-preferred stock market among fund managers surveyed by Bank of America, with 32% of respondent...
- Cerebras stock tumbles: Will CS-4 revive the AI chipmaker?Cerebras shares fell 12.7% amid valuation and profitability concerns, while its new CS-4 AI accelerator aims to challenge Nvidia. Investors...
- IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's whyCLSA downgraded several large IT stocks and cut their target prices amid continued AI-related concerns, while retaining a bullish view on s...
- Is market heading towards a big AI crash like the dot-com crisis? Here's what European Central Bank predictsThe European Central Bank warns that an AI market correction on Wall Street is likely, citing historical tech bubbles like the dot-com era....
- Global Market: Chinese, Hong Kong stocks slip as AI shares retreat; energy stocks gainChinese and Hong Kong stocks declined as investors booked profits in AI and technology shares, while energy stocks gained amid rising Middl...
- US stocks: US market edges lower as Middle East tensions offset AI optimismStock markets opened with caution on Monday as investors considered renewed US-Iran tensions. The Dow Jones Industrial Average saw a slight...
- Michael Burry revives AI warnings, Big Short investor says 'You could have heard it first'Michael Burry revived his AI bubble warnings after a report highlighted roughly $3 trillion in disclosed commitments by technology giants f...
- US Stock Market: Fed uncertainty, oil prices in focus as earnings sustain market optimismInvestors enter the week focused on interest rates, inflation and geopolitical risks, while strong corporate earnings support equities. The...
- Equity investments should give about 15% annual returns over next 5 years: Raamdeo AgrawalAccording to Raamdeo Agrawal of Motilal Oswal, Indian equities may yield a promising fifteen percent annual return over the upcoming five y...
- AI-led matchmaking apps getting all the investor loveThe surge in AI matchmaking startups has captured the interest of investors, paving the way for significant funding opportunities. These in...
- Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources sayIn July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...
- Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filingsIn the second quarter, institutional investors made slight reductions in their holdings of prominent tech firms, mainly due to already subs...
- Wall St Week Ahead: With US Fed silent on next move, investors look to earnings to keep stocks afloatInvestors focus on corporate earnings to offset economic risks and rate concerns. Strong results, particularly from AI infrastructure spend...
- Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...
- AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...
- Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPOAnthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as t...
- South Korea's Kospi swings from bear to bull market in just a month. Is AI trade regaining strength?South Korea’s KOSPI has swung from bear to bull market in just a month, surging over 31% from its July low. A sharp rebound in Samsung Elec...
- Korean stocks rise 22% in 10 days as chip rally regains steamThe benchmark Kospi gained as much as 4.8% on Thursday, extending its gain from a July 30 low to around 22%. Heavyweight memory chipmakers ...
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