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Tech firms claw back some losses after midterms rout, eyes on NvidiaTech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary...
AI boom turns chip packaging into the next battleground for semiconductorsBillions of dollars are being invested in advanced chip packaging due to the demand for AI chips. This growing need is pushing companies to...
AI selloff drags Nikkei lower despite broad-based market gainsJapan's Nikkei 225 fell 0.5% on Thursday as losses in AI and semiconductor stocks offset gains across the broader market. Concerns over a p...
Asian shares mostly advance following US midterms, though Kospi falls on selling of chipmakersAsian markets experienced an upswing on Thursday, buoyed by a rebound in U.S. equities following the midterm elections. The Dow Jones leapt...
Nikkei slides to 3-month low as AI stocks tumble on US election jittersJapan's Nikkei index took a hit as AI-driven stocks plummeted following the aftermath of the US elections, raising alarms over potential De...
Karnataka invites Japanese firms to scale manufacturing, tech alliancesKarnataka seeks collaboration with Japanese companies for manufacturing and innovation in various high-tech sectors. The state presents ded...
Global Market: French bond yields hold steady despite Fitch downgrade warningFrench bond yields remained steady despite Fitch downgrading the country's outlook to negative, as investors weighed fiscal concerns and po...
Japan bond yields edge higher ahead of key JGB auctions; 10-year yield holds at 2.77%Japanese government bond yields were mixed on Monday, with the 10-year benchmark holding steady at 2.77%, while the 20-year and 30-year yie...
Goldman Sachs expects Bank of England to raise rates again in FebruaryGoldman Sachs has revised its outlook on the Bank of England's interest rates, now predicting a possible quarter-point rise in November's m...
Big tech share buybacks plunge 83% as AI spending hits cash flowsMajor US technology companies sharply reduced dividends and share buybacks as record AI infrastructure spending pushed their combined free ...
Nasdaq Outlook: Is the worst over for AI-fuelled tech stocks?Wall Street’s AI-led rally faced a sharp setback as the Nasdaq recorded its biggest single-day fall since June. Heavy losses in technology ...
China stocks edge higher as reports of market support lift sentimentChina’s stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over s...
Japan's Nikkei slips as Kioxia tumbles 13%; Tokyo Electron, Panasonic limit lossesJapan’s Nikkei slipped as Kioxia plunged 13.29% following a disappointing earnings outlook, while banking stocks also weakened. Gains in To...
Asia chip firms see strong AI demand; market jitters continueAsian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young ...
Global Market: Japan's Nikkei falls 3% as AI spending concerns hit chip stocks; BOJ holds ratesJapanese shares fell sharply as concerns over the profitability of AI investments sparked a global technology sell-off. The Nikkei 225 drop...
Global Market: Japan's Nikkei rises on Advantest forecast; Samsung slump caps gainsJapan’s Nikkei rose 0.3%, supported by Advantest’s 5.4% rally after it raised its full-year operating profit forecast by 14%. However, decl...
Global Market: Japan’s Nikkei rises nearly 2% on AI optimism, Anthropic IPO filingJapan’s Nikkei surged nearly 2%, snapping a three-session losing streak, as Anthropic’s US IPO plans and gains in American semiconductor st...