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Global Market: AI-driven chip rally stumbles as investors question lofty valuations after sharp selloffGlobal artificial intelligence stock rallies experienced a sharp setback last week. Investors are now reassessing expectations surrounding ...
Global Market: CXMT's $8.6 billion IPO draws strong demand despite cooling enthusiasm for chip stocksChinese memory chipmaker CXMT Corp's IPO saw oversubscription by institutional investors. This robust demand highlights continued investor ...
US Stock Market: Earnings season gathers pace as AI heavyweights, chipmakers take centre stageUS corporate earnings season is set to accelerate this week with key tech giants announcing their results for this quarter. Investors antic...
NIfty IT logs best weekly gains since Oct 2025Indian IT stocks experienced a significant rebound this week. The Nifty IT index saw its best weekly gain since October 2025. This rally fo...
Wall Street's chip index enters bear market! Is the AI bubble finally going bust?Wall Street's semiconductor index slipped into bear market territory after tumbling more than 20% from its June peak, raising fresh questio...
Wall Street Week Ahead: Alphabet, Intel results in focus for AI trade as US earnings rev upCorporate earnings season is gaining momentum with key tech updates expected soon. Investors anticipate strong profit growth, which has sup...
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...
Global Market: European shares fall as tech selloff, Middle East tensions weigh; Saab gainsEuropean shares opened lower on Friday, heading for weekly losses. Escalating Middle East tensions and a tech stock selloff dampened invest...
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...
Global Markets: Japan's Nikkei drops nearly 3% as chip stocks slide despite robust TSMC resultsJapan's Nikkei share average finished close to a three percent decline on Thursday, influenced by a sell-off in chip-related stocks and esc...
Global Market Today: Asian equities drop led by Kospi, oil extends gainAsian stocks declined as semiconductor shares faced renewed selling pressure. Crude oil prices climbed higher due to fresh strikes in the M...
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...
Global Market: SK Hynix jumps 13% as easing US inflation, AI memory optimism lift chip stocksSouth Korean semiconductor shares experienced a significant surge on Wednesday. This rally was fueled by softer U.S. inflation data and ren...
Explained: Why South Korea's Kospi jumped 7% despite escalating Middle East tensionsSouth Korea's benchmark Kospi surged 7% on Wednesday, extending its rally for a second session as softer-than-expected US inflation data an...
Global Market: CXMT set for July 27 Shanghai debut in Asia's biggest IPO of 2026China's leading memory chipmaker, CXMT, is set to debut on the Shanghai Stock Exchange on July 27 after launching a 29.5 billion yuan IPO, ...