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Wall Street brokerages call AI stock selloff overdone, see buying opportunity in tech stocksWall Street brokerages Morgan Stanley, UBS and HSBC consider the recent AI stock selloff excessive, maintaining confidence in long-term inv...- Global Market Today: Asian stocks rally after US tech surge, oil slumpSouth Korea’s Kospi Index jumped more than 5% in early trading while Japan’s Nikkei 225 rose nearly 3%. A broader gauge of Asian shares adv...
- US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumpsUS stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market grow...
- Wall St brokerages say AI selloff overdone, downplay Democrat regulation risksWall Street brokerages including Morgan Stanley and UBS called last week's rout in the AI trade overdone, arguing that the risks of extreme...
- US stocks: Dow Jones rallies 500 points, Nasdaq over 2% as chip stocks rebound; Nvidia probe weighsWall Street's indexes climbed as investors honed in on Nvidia CEO Jensen Huang's investigation and awaited crucial inflation data. Nvidia's...
- UBS CEO says AI investors had been pricing for 'perfection' until sector's sharp correctionUBS Chief Executive Sergio Ermotti commented on the recent downturn in AI stocks, attributing it to unrealistic expectations. He expressed ...
- Gold price prediction: Gold rate falls amidst big movement in oil price, inflation, check experts' opinionsGold rate on Friday took a hit after pivotal factors like oil prices and inflation have impact on the bullion.
- Yuan set for first weekly loss in six weeks as equity rout dents sentimentChina’s yuan headed for its first weekly decline in six weeks as weaker PBOC guidance and a sharp equity selloff hurt sentiment. While the ...
- New York woman wanted American children to experience Diwali. How a mother's rangoli kits became a funded businessIndian American businesswoman Akriti Babaria established Kulture Khazana to enhance the visibility of Diwali and Indian cultural customs in...
- AI, data-center stocks slip as Democratic sweep clouds expansion plansStocks related to AI and data centers are facing a slump in premarket trading as Democrats secure significant wins in the US midterm electi...
- Global Market Today: Asian stocks rise as oil slides after US midterm electionsBenchmark indexes rose in Japan and Australia, pushing the MSCI Asia Pacific Index up by 0.3%. That was after the S&P 500 Index jumped 1.6%...
- US stocks today: Technology stocks lift S&P 500 as US midterm vote keeps investors on edgeUS stocks rise as technology shares lead gains in the S&P 500 during the US midterm elections. Investors track the potential impact of the ...
- Over 30 billionaires have one trait in common: Indian American entrepreneur who once taught Bill Gates tennis shares the one habit Microsoft co-founder shares with ultra-successful peopleSharran Srivatsaa, the CEO of Acquisition.com, once taught Bill Gates tennis. During their interactions, Sharran was taken aback by how cur...
- Microsoft expects to raise $25 billion in US bond sale, source saysThe world's largest tech firms have turned to selling bonds and raising equity over the past year to pay for their AI spending spree, a shi...
- UB expects Q3 profit growth to moderate on rising costsUnited Breweries expects slower profit growth this quarter as raw material costs and marketing expenses increase. Regulatory delays are inh...
- Global Market: UBS Q3 profit rises 8% to $2.69 billion, accelerates buyback planETMutualFunds identifies Axis, SBI, Kotak and Nippon India small-cap funds using parameters such as rolling returns, consistency, downside ...
- UBS says it does not permit the use of external AI models for client transactionsConcerns that sophisticated AI agents could harm the financial system have risen within the banking industry. Major US banks have been bloc...
- Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
- $7.7 trillion AI bet: Can hyperscalers earn enough to justify the spending?Six major hyperscalers are projected to spend $7.7 trillion on AI between 2026 and 2030, but generating adequate returns will be a challeng...
- UBS acquires 4.8% stake in wealth manager 360 ONE WAM through warrant exerciseUBS has acquired a 4.8% stake in 360 ONE WAM by exercising 2.05 crore warrants and paying around Rs 1,584 crore. The transaction follows a ...
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