Elon Musk's net worth slips below $1 trillion markElon Musk's fortune has dipped to $991.6 billion as shares in both SpaceX and Tesla took a hit. This decline in wealth comes on the heels o...
Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...
Global Market: Maas Group shares plunge 11% after Nvidia-backed Firmus scraps $5 billion IPOMaas Group shares plunged nearly 11% after Nvidia-backed Firmus withdrew its planned $5 billion IPO, raising valuation concerns. Despite th...
Global Market Today: Asian stocks drop on tech jitters, oil edges lowerThe MSCI Asia Pacific equities index edged 0.1% lower early Friday. Japan’s Nikkei fell over 1%, with Softbank Group Corp. declining more t...
Absence of AI in equities will become India's strength in a year, mkts to start attracting flows: CEAChief Economic Advisor V Anantha Nageswaran indicated that India's absence of AI focus might become an advantage. He believes that if the A...
US stocks: S&P 500, Nasdaq retreat from records as oil and Treasury yields reboundIn a market retreat, the Nasdaq and S&P 500 pulled back from their record highs amid rising Treasury yields and oil prices. Investors remai...
Four horsemen of economic trouble? RBI governor flags the risks spooking the worldThe RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance to calibrated tightening. Governo...
US Market: Software stocks hit 2026 highs as AI disruption fears easeUS software stocks have reached fresh 2026 highs as stronger earnings expectations and growing adoption of AI ease fears of disruption. Str...
US software stocks scale fresh 2026 highs as AI disruption worries fadeUS software stocks are touching fresh 2026 highs, supported by a sharp rise in earnings expectations, which according to several analysts i...
US stocks: US software shares hit 2026 highs as AI disruption fears easeUS software stocks are witnessing robust growth, fueled by optimistic earnings projections and partnerships in AI. Major players like Sales...
Nvidia falls short of May record as value nears $6 trillionShares of the world’s most valuable public company gained as much as 3% Friday to touch an intraday record and closed up 1.3%, shy of their...
Global factory activity boosted by AI spending boomAs AI investments surge, manufacturing activity in Europe and Asia grows noticeably. India boasts significant expansion in its manufacturin...
Temasek comfortable with current AI spending levels, executive saysSingapore's Temasek is not worried about the massive levels of spending from hyperscalers powering the AI buildout, its executive said on T...
Investing in major AI stocks at Wall Street? Factors to watch out before hitting Buy optionAI borrowing and investing continues. Hyperscalers have issued around $250 billion of debt this year, and that total is expected to rise sh...
US 30-year Treasury yield tops 5.6%, reaching highest level since 2002Yields on the 30-year US Treasury bond have risen to levels not seen since 2002. This increase is part of a prolonged selloff in the global...
Global Market: Nikkei falls as oil surge, global bond selloff rattle marketsJapan’s Nikkei fell 1.23% amid rising global bond yields and oil prices, while Topix declined 1.75%. Inflation concerns, elevated interest ...
Trump cannot afford to let AI boom fail: 'Big Short' investor Michael Burry explains whyMichael Burry, the investor known as the “Big Short” investor, said the Trump administration cannot afford to let the AI boom falter as AI ...