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AI OPTIMISM
European shares rise as Siemens Energy forecast lifts AI optimism; inflation concerns persistEuropean shares opened higher, supported by positive forecasts from Siemens Energy and CoreWeave, which eases AI investment concerns. The p...- Deutsche Bank launches digital asset custody service for paying clientsDeutsche Bank launches its digital asset custody service for institutional and corporate clients, offering secure storage for cryptocurrenc...
- Michael Burry calls Nvidia 'heck of a trade' after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor belie...
- 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...
- South Korea fines 15 brokerages, banks $1.2 billion for bond auction collusionSouth Korea’s Fair Trade Commission fines 15 banks and brokerage firms a combined 1.6 trillion won ($1.2 billion) for colluding in 150 gove...
- Goldman Sachs forecasts additional Fed rate hike in March after hotter US inflation dataGoldman Sachs expects the US Federal Reserve to deliver an additional 25-basis-point rate hike in March after October inflation data came i...
- China stocks edge lower, Hong Kong shares fall as global rate concerns weighChinese mainland stocks edged lower while Hong Kong equities fell as investors assessed rising global bond yields, stronger US inflation an...
- Fed's Paulson signals further gradual interest rate hikes to curb inflationFederal Reserve Bank of Philadelphia President Anna Paulson signals support for further interest rate hikes to curb persistent US inflation...
- Japan's Nikkei rises for third straight session as AI optimism returns; SoftBank falls 3%Japan's Nikkei 225 rose 0.80% for a third consecutive session as renewed optimism around artificial intelligence stocks lifted sentiment. S...
- AI stocks: Are the days of easy money over? Aswath Damodaran warns investors of a new market reality ahead of Anthropic IPONYU professor Aswath Damodaran warns that broad-based gains from AI stocks may be fading as investors become more selective. He highlights ...
- NVDA stock price today: Nvidia shares slide 5% after Jensen Huang’s affair admission as China spy probe puts AI giant’s leadership under scrutiny – Can it survive the CEO crisis?Nvidia stock today: Nvidia shares fell 4.5% in premarket trading on Monday, November 9, even as Wall Street futures pointed higher after la...
- India's ChatGPT boom faces a reality check as free AI use meets rising costsIndia has emerged as ChatGPT's largest market, driven by its vast digitally connected population and widespread access to free AI services....
- US stocks today: Nasdaq rebounds as chip stocks recover from steep losses, rate fears persistUS stocks rebound as chipmakers recover from Thursday's steep AI-led selloff, lifting the Nasdaq 1.73%. Nvidia, AMD, Intel and Micron lead ...
- 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...
- US stocks today: Dow rallies 1,500 pts, S&P, Nasdaq over 1% as Democrats win midterm electionsWall Street experienced a significant rally after the Democrats gained control of Congress, which eased political uncertainties. Investor s...
- 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...
- 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...
- Nasdaq set to confirm correction as AI stocks tumbleThe shock selloff comes a day after the Democrats' election victory including in some key data-center states drove concerns about a slowdow...
- When my AI bargains with your AI: The next great bazaar may be where our agents haggle for millisecondsAI agents are evolving from simple task execution to negotiating on behalf of users in commerce. These agents can analyze data efficiently,...
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