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AI STOCKS DECLINE
Chipmakers and other high-flying stocks slide as AI trade wobblesAs July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-tak...- US stocks today: US stocks open lower as chip rout extendsWall Street opened lower as investors reassessed the strength of the AI-driven rally, triggering a fresh selloff in chip stocks. Nvidia and...
- After record $29 billion selloff, FIIs buying India again. Chris Wood explains whyAfter a record $29 billion foreign selloff, FIIs have turned net buyers of Indian equities in July. Jefferies' Christopher Wood says the ea...
- 2 reasons why Infosys, TCS and other IT stocks are rising todayIndian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced...
- Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fearsChinese and Hong Kong equities fell sharply as CXMT’s $8.6 billion IPO and a pipeline of large listings raised concerns that liquidity woul...
- Among AI crowd, some investors position for slower hyperscaler spending growthFor most of the past two years, the opposite trade prevailed: investors piled into semiconductor and infrastructure companies on the assump...
- Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fearsChinese and Hong Kong stocks slid sharply on Friday, with mainland benchmarks headed for their steepest weekly losses in over two years. In...
- US stocks today: S&P 500, Nasdaq fall as chip stocks weaken; earnings and data in focusThursday saw declines in the S&P 500 and Nasdaq indexes, primarily due to a renewed slump in chip stocks that outweighed positive earnings ...
- Global Market: China stocks slide as tech sell-off hits mainland markets; Alibaba lifts Hong Kong sharesMainland China stocks declined on Thursday due to technology sector weakness. Hong Kong equities gained momentum, supported by Alibaba's ar...
- Buoyed by Q1 show, Indian IT shrugs off IBM shockIndian technology stocks demonstrated resilience on Wednesday, defying IBM's significant overnight decline. Depressed valuations and positi...
- 'We faltered, did not move quickly:' How IBM CEO Arvind Krishna's statement led to $70 billion wipeoutIBM shares rebounded nearly 2% in premarket trade after plunging 25% in their worst single-day fall in 58 years, wiping out nearly $70 bill...
- Global Market: European shares slip as AI chip rally fails to offset Middle East concernsEuropean shares dipped slightly as Middle East tensions grew. Technology stocks advanced, boosted by ASML's positive financial forecasts. L...
- Wipro Q1 Preview: Under pressure from AI, what can investors expect from earnings?Wipro's Q1 earnings are expected to show a revenue rise, driven by acquisitions and currency. Core IT services revenue may decline sequenti...
- TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
- SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria coolsSK Hynix’s US-listed shares fell nearly 8% after a strong Nasdaq debut, as investors booked profits in AI-linked chip stocks. The decline t...
- Global Market: AI stocks take a breather after blistering rally as investors reassess valuationsAI-linked stocks are showing signs of fatigue as investors lock in profits. Semiconductor and memory-chip makers have seen sharp retreats f...
- Korea's Kospi hits 8% lower circuit, trading halted. What's rattling investors today?South Korea's benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled glo...
- SK Hynix's $28 billion US share sale draws more than seven times demand: ReportsSK Hynix's proposed $28 billion share sale in the US saw demand exceed offerings by seven times. This strong investor response highlights s...
- Palantir shares fall 4% as AI software stocks come under pressurePalantir shares fell over 4% as investors sold high-valuation AI software stocks amid concerns over slower-than-expected AI adoption. Weak ...
- Kospi plunges 8% as AI investors fear rally is overblown; trading halted for 20 minsSouth Korea's Kospi index experienced a significant 8% drop, led by chip stocks. Investors questioned the sustainability of record earnings...
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