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AI INVESTMENTS REGULATION
Tech investor SoftBank Group logs $7 bn quarterly net lossThe company's profits routinely see wild fluctuations linked to the volatile value of global technology stocks and its changing portfolio o...- Wall Street brokerages call AI stock selloff overdone, see buying opportunity in tech stocksWall Street brokerages Morgan Stanley, UBS and HSBC consider the recent AI stock selloff excessive, maintaining confidence in long-term inv...
- AI demand unlikely to be derailed by Nvidia CEO controversy: Taiwan supply chain executivesGlobal demand for artificial intelligence (AI) is expected to remain strong despite the controversy surrounding Nvidia Chief Executive Offi...
- 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...
- 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...
- 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...
- Activists breach Microsoft data centre construction site as protests spread in EuropeActivist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which ...
- European stocks head for weekly losses amid global tech selloffEuropean shares tumbled as concerns over AI valuations, heavy technology spending and potential US restrictions on data-centre investments ...
- Are Amazon and Google polishing Anthropic IPO numbers? Michael Burry raises big question amid global AI crashAnthropic’s reported revenue surged to nearly $17 billion in the third quarter as it prepares for a potential blockbuster IPO. However, Mic...
- China blocks SoftBank's $5.4 billion acquisition of ABB RoboticsChina has blocked SoftBank’s $5.4 billion acquisition of ABB’s robotics business, disrupting the Japanese group’s AI-powered robotics expan...
- Infosys, Wipro, TCS and other IT stocks rise up to 3% as US AI rout deepens; is the bubble bursting?In the wake of a worldwide AI stock decline, companies such as Infosys and TCS have seen their shares rise, demonstrating a contrasting tre...
- Kazakhstans growing presence in global technology landscapeKazakhstan is improving its position in global digital development as it prepares for integrating artificial intelligence. The country rank...
- 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...
- Trump-linked crypto assets slip up to 16%, AI data centre stocks slide after Democrats' US midterm winTrump-linked cryptocurrencies tumbled up to 16%, while shares of Bitcoin miners transitioning into AI data centre businesses slumped as Dem...
- Democratic victories threaten to slow US data-centre expansion, ease bond yields: ICICI Bank reportThe US midterm election results have put 141 GW of planned data-centre capacity at risk of tighter policy restrictions, potentially slowing...
- Donald Trump's midterm drubbing demonstrates the power of data center opponentsDemocrat victories in recent midterm elections signal a shift in public sentiment regarding data centers and AI technology. Key races in Te...
- Nikkei slides to 3-month low as AI stocks tumble on US election jittersJapan's Nikkei index took a hit as AI-driven stocks plummeted following the aftermath of the US elections, raising alarms over potential De...
- China to expand global access to yuan assets, promote Hong Kong as offshore hubChina plans to expand global access to yuan-denominated assets and strengthen Hong Kong's role as an offshore yuan hub. Meanwhile, regulato...
- Deep use cases vault India to ChatGPT’s top global market: OpenAI's India MDDuring a visit to India last year, the ChatGPT maker’s cofounder Sam Altman said that India was the fastest growing market for the frontier...
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