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US stocks today: Nasdaq rebounds from tech rout but extends weekly losing streak to four weeksUS stocks rebound as chipmakers recover from Thursday's steep selloff, but the Nasdaq records its fourth consecutive weekly decline. Nvidia...- Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvi...
- SoftBank credit default swaps hit 4-year high as AI profitability concerns mountSoftBank Group’s five-year credit default swap spread climbed to a four-year high as investors grew increasingly concerned about the profit...
- SoftBank credit risk jumps to 4-year high as AI fears roil marketThe cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI p...
- 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...
- US midterm results threaten data center boom as AI backlash growsUS midterm election results have raised fresh concerns over the future of America's data centre boom, with Democratic victories in Texas an...
- U.S. and Japanese Companies Struggle with Different Parts of AI Adoption—and Offer Different Lessons for Making It WorkCompanies in both the U.S. and Japan are struggling to deploy AI, but often in very different ways. In the U.S., deployment is wide but sha...
- AI deployment accelerating, but enterprises becoming more discerning: Freshworks CEO Dennis WoodsideThe Nasdaq-listed software-as-a-service (SaaS) company reported a 14% year-on-year increase in revenue to $245.4 million for the July-Septe...
- Japan Investment Corp to sell JSR to Mitsui Chemicals in an over $8.20 bn deal: ReportJapan Investment Corp intends to sell its semiconductor materials subsidiary JSR to Mitsui Chemicals in a significant transaction. This dea...
- Europe stocks slip on AI concerns, escalating Iran tensionsAsian tech benchmarks came under pressure earlier in the day as investors reassessed the sustainability of the AI-driven rally following di...
- Fridge hacks and finance attacks flag AI insecurityThe growing use of AI in cyberattacks could pose a major threat to the global economy, financial markets and critical infrastructure, accor...
- Is the AI boom losing steam? Global economy faces growing risksGlobal financial markets face mounting pressure from geopolitical conflicts, rising government debt and trade tensions, raising concerns ab...
- Indian companies trust AI with greater autonomy but struggle to prove financial returns: ReportIndian companies are shifting towards AI-driven processes to enhance operational efficiency, but there's a catch. Despite the optimistic ou...
- Big tech share buybacks plunge 83% as AI spending hits cash flowsMajor US technology companies sharply reduced dividends and share buybacks as record AI infrastructure spending pushed their combined free ...
- AI investment frenzy: What small investors should and should not doWhat should the small investor do about this AI revolution in the making? The simple answer is nothing. No one can tell whether AI is a boo...
- South Korea's Lee vows to make bold AI investment in record budget pushHis administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion)...
- Besides the bubble, a big AI risk could be growing in the shadowsInvestors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently...
- US Stock Market is feeling AI investments pressure but check list of stocks that are jumping amidst Artificial Intelligence spending fearsUS Stock Market today: As the world's biggest technology companies race to expand computing capacity, demand for such facilities has surged...
- Microsoft, Oracle outshine Alphabet as investors demand AI returnsWall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...
- Fed's Kevin Warsh says US economy not running too hot from AI boomFederal Reserve Chairman Kevin Warsh said on Wednesday that the US economy is not running too hot despite some demand pressures from the bo...
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