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AI STOCK MARKET IMPACT
Anthropic, OpenAI sound alarm on AI safety — and seek to shape how it's controlledThe CEOs of Anthropic and OpenAI recently declared America's cutting-edge models are so powerful, they're dangerous, and need to be regulat...
Jaishankar at UNGA highlights AI, says nations should shape own technology pathsS Jaishankar addressed the 81st United Nations General Assembly and highlighted the significance of artificial intelligence. He affirmed th...
AI taking jobs? Techie warns how long-term EMIs could become a financial burden for software engineersA software engineer voices her worries about AI's long-term effects on job security, particularly the stress of layoffs while handling EMIs...
U.S. Stock Market personal finance tips: Wall Street investors may think over these key 5 points during weekend before Monday tradingU.S. releases its monthly employment report for September on Friday. The jobs market has been among the more resilient areas of the economy...
Govt’s frontier AI push; Insurance stock rout continuesThe government is weighing an anchor investment for a frontier AI development fund. This and more in today’s ETtech Top 5.
META Stock at Nasdaq today: Meta Platforms Inc shares near all-time highs, Facebook, Instagram, WhatsApp-owner inches away from $2 trillion market value markShares of Meta Platforms Inc, which owns Facebook, Instagram, WhatsApp, were set for a fifth straight week of gains — their biggest five-w...
Global Market: Airbus shares fall after quality flaw found in hundreds of A321neo jetsAirbus shares fell after the company disclosed a quality issue affecting hundreds of A321neo aircraft. The planemaker has identified a repa...
Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautiousEuropean shares rose on Friday as easing oil prices supported risk appetite, while investors remained cautious over Middle East tensions. T...
Big AI reset ahead? Chris Wood doubts hyperscalers’ $990 bn capex estimates, highlights India’s reverse AI trade advantageJefferies’ Chris Wood expects the AI investment narrative to face a major reset, questioning whether Meta, Alphabet, Amazon and Microsoft c...
OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries coming true?Oracle Financial Services Software (OFSS) shares tumbled over 5% after parent company Oracle issued a force majeure notice regarding a mass...
US Market: Bond fund managers turn cautious as yields, AI debt raise risksLeading US bond fund managers overseeing nearly $700 billion are adopting a cautious stance as Treasury yields near 5% and corporate debt v...
US Market: Meta shares rebound as Muse AI agent fuels revenue hopesMeta shares have rebounded as investor optimism grows around Muse, its AI agent aimed at creating revenue beyond advertising. The company f...
IRDAI's commission reset impact; ETSA winner Progcap’s next betHappy Friday! IRDAI's overhaul plan could significantly impact the new-age insurance distribution industry. This and more in today’s ETtech...
US stocks: S&P 500 ends nearly flat as US-Iran talks help stocks pare lossesS&P 500 ended almost flat as Microsoft declined, while Meta Platforms recorded gains amid ongoing market fluctuations. Oil prices surged fo...
AI may transform economies, but US-China rivalry makes slowing it down unlikelyAI's rapid advancement poses challenges, as concerns from key stakeholders highlight potential risks to humanity. Political leaders in the ...
US Market: Financial stocks slide as AI disruption, bond curve weigh on banksUS financial stocks fell sharply as investors weighed AI-driven disruption risks, uncertainty around AI-linked IPOs and a flatter Treasury ...
Global Market: European shares rise as oil slide boosts risk appetiteEuropean shares rose as technology stocks led gains and falling oil prices eased inflation concerns. The STOXX 600 advanced 0.56%, while in...
OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?Shares of OFSS fell over 7% while top IT stocks including Infosys, Wipro, and Coforge dropped up to 2% on Monday. The drag comes following ...
Wall Street Week Ahead: Investors focus on rate path, AI slowdown after Fed hikeAs the new week approaches, US stock investors are set to prioritize developments in interest rates and Middle Eastern unrest. Attention wi...
Infosys, TCS, other IT stocks in focus after first Fed rate hike in 3 years. Will inflationary pressures offset anti-AI euphoria?Indian IT stocks such as Infosys and TCS are likely to remain in focus after the US Federal Reserve raised interest rates by 25 basis point...