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US TECH TURMOIL
How US tech pain is European stock markets' gainEuropean stock markets, particularly the STOXX 600, are performing well as tech turmoil affects global markets. This relative stability is ...- Techopocalypse! Friday the 13th serves up outages, spy drama and corporate chaos for the worldMicrosoft's global outage disrupted Outlook, Teams and Copilot across 74 countries and territories, affecting businesses, government office...
- What comes next for Nvidia and AI industry after spy scandalThe scandal, which deepened after reports of a second affair emerged, has sent shares in the multi-trillion-dollar company plunging and rai...
- US stock market selloff: Four indicators suggest correction may not be overFour key indicators suggest the US stock market correction may not be over, despite some stabilisation in technology shares. Easing investo...
- Nvidia scandal rocks tech world Web SummitAllegations of Chinese spying on Nvidia dominated a top world tech conference on Tuesday, with some executives seeing potential opportuniti...
- What we know - and what we don't - as Nvidia investigates an alleged spy plot involving its CEONvidia CEO Jensen Huang's admission of an extramarital affair has triggered a board investigation following allegations that the woman invo...
- Nvidia and CEO Jensen Huang face class-action lawsuit over Chinese spy affairJensen Huang of Nvidia faces a class-action lawsuit filed by Rosen Law Firm concerning shareholder miscommunication. The lawsuit alleges th...
- What we know - and what we don't - as Nvidia investigates an alleged spy plot involving its CEOChina's Foreign Ministry dismissed the spying allegations on Monday, saying they amount to a smear campaign.
- Wall Street grapples with $5.7 trillion rout as AI bets unwindWall Street is undergoing notable shifts as worries about the AI investment frenzy and political developments arise. This sharp sell-off br...
- Should Anthropic delay its IPO? Stock market turmoil raises questions over $1.5 trillion valuation as AI spending slowsAnthropic IPO: Anthropic's planned November IPO is facing uncertainty as Wall Street's technology sell-off and slower corporate AI spending...
- $5 billion in 5 days! Why FIIs are suddenly shopping Indian stocks non-stop this DiwaliForeign institutional investors have poured nearly $5 billion into Indian equities in five trading sessions, marking a sharp reversal after...
- The AI boom may transform the economy and still destroy capital, with stranded data centres and heavy investor lossesInvestments in artificial intelligence by major companies have significantly increased in recent years. The overall investment in other sec...
- AI bubble bursting or just letting out air? Neoclouds may offer cluesElon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Desp...
- Big Tech earnings a test of the AI boom amid market turmoilInvestors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...
- Global Market Today: Asian stocks slide after US tech routMSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in Jul...
- Bessent sees no spillover from France bond market’s turmoilScott Bessent, the US Treasury secretary, expressed that the French bond market will not affect other markets. He acknowledged the economic...
- Tech under pressure on AI jitters, dollar slips: Markets wrapSouth Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest clos...
- Global Market Today: Asian stocks decline in break from US chip rallyLosses were led by a more than 2% drop in South Korea’s Kospi Index — a bellwether for artificial intelligence investments — as chip heavyw...
- Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 daysThere is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold ba...
- Rule out V-shaped recovery, markets can fall more, says PL Capital with Nifty 12-month target at 27,589PL Capital remains cautious on the Nifty after its eight-week losing streak, ruling out a quick V-shaped recovery. The brokerage has trimme...
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