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CHINESE TECHNOLOGY STOCKS
Cash-strapped China targets offshore wealth with new taxChina has introduced a 20 percent tax on dividends and interest from offshore trusts to combat a fiscal deficit. Wealthy citizens must sett...
Global Market: China, Hong Kong stocks fall as CATL slump, consumer worries weighChinese and Hong Kong stocks fell as slower profit growth at CATL and concerns over weak domestic consumption weighed on sentiment. Consume...
- US stocks: S&P 500 muted as AI concerns hit chip stocks; bank gains lift Dow
The S&P 500 showed little movement as semiconductor stocks decreased due to AI-related concerns and market pressures. Gains in banking stoc...
Global Market: European shares set for biggest weekly gain since August on earnings optimismEuropean shares climbed on Friday, with the STOXX 600 heading for its strongest weekly gain since August, supported by robust corporate ear...
Global Market: China stocks fall as hot US inflation data revives rate hike fearsChinese stocks tumbled as hotter-than-expected US inflation data revived concerns over prolonged high interest rates. Technology shares led...
Global Market: Why China’s CXMT is putting global memory chip giants under pressureGlobal semiconductor stocks tumbled as Chinese chipmaker CXMT’s reported progress on a new memory chip design raised concerns about intensi...
Global Market: China stocks slip as AI selloff deepens, mixed inflation data weighsChinese stocks edged lower as AI-related shares weakened and mixed inflation data heightened concerns over domestic demand. The CSI300 decl...
US stocks: Nasdaq ends down as chipmakers fall and bank earnings roll inIn a recent trading session, the Nasdaq index took a hit as chip stocks continued their downward spiral, amid diverging results from major ...
US chip stocks slide as China’s CXMT advances; AI spending fears rattle investorsShares in US chip manufacturers tumbled, primarily influenced by memory and data storage firms, following competitive moves from China's CX...
- US stocks | US market edges lower amid chip weakness, mixed bank earnings
US stocks experienced a decline as chip stocks faced selling pressure and banks reported mixed earnings. The Dow Jones Industrial Average f...
Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...
Hitachi Energy, E2E Networks, Anant Raj, other AI-linked stocks slide up to 5% as global AI rout hits Indian marketsIndian AI- and energy-linked stocks decline as a global technology sell-off deepens, with South Korea’s KOSPI plunging amid intensifying co...
AI traders behaving like casino gamblers? What made chip trade toxic and why that’s good news for IndiaGlobal AI stock enthusiasm hit a roadblock as South Korea's Kospi plunged 7.4% on chip competition concerns and Broadcom's warning on AI sp...
Global Market: South Korea’s Kospi plunges over 7% as chip stocks tumble on CXMT concernsSouth Korea’s Kospi plunged over 7% amid concerns about rising competition from Chinese semiconductor makers, triggering a temporary tradin...
Global Market: China stocks fall as global yields, geopolitical tensions weigh on sentimentChinese stocks declined as government support measures failed to restore investor confidence amid rising global bond yields, Middle East te...
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: China stocks slide as tech valuations face earnings testChinese stocks fell after the holiday break amid renewed US-China tensions, higher US Treasury yields and concerns over elevated technology...