Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepenInvestor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...
US SEC's top cop says agency is monitoring AI corporate disclosuresBig Tech stocks sold off this week as companies disclosed they are burning through cash to fuel their AI expansion at a time when interest ...
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 ...
Foxconn working on a new tie-up with OpenAI, says there is no AI bubbleFoxconn Chairman Young Liu told reporters at the company's annual event to showcase its technology that he had met OpenAI Chief Executive S...
Nvidia's web of AI bets: smart strategy or bubble risk?Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...
AI boomerang: What one should keep in mind if Microsoft, Barclays Bank, Kroger rehire sacked employees?Microsoft, Barclays Bank and supermarket chain Kroger are among the latest entries on a growing list of companies that have announced AI-re...
Michael Burry says Anthropic IPO papers show AI industry is 'catastrophically vulnerable'. What the 'Big Short' investor seesInvestor Michael Burry warned that Anthropic’s planned IPO exposes serious vulnerabilities in the AI industry, citing massive infrastructur...
Infosys, TechM, TCS, other IT stocks plunge up to 5%, extend losses as global AI trade rebounds. What lies ahead?Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hyni...
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...
In China, the AI bubble has already burstWhile global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs on...
Is the AI boom real or a bubble? Nikhil Kamath asks Silicon Valley foundersThe artificial intelligence industry has attracted significant investments, reaching unprecedented valuation levels amid concerns. Discussi...
In China, the AI bubble has already burstChina's technology sector is experiencing a dramatic decline, leading to extensive financial repercussions for numerous industries. The STA...
AI bubble to burst soon? Artificial Intelligence meltdown in China but Anthropic IPO at US Stock Market tell interesting stories of AI boomAmid the billions — even trillions — at stake, worries about an AI boom are looming in the background along with concerns about keeping the...
Analysis: In China, the AI bubble has already burstChinese tech stocks, especially in AI and semiconductors, have experienced a dramatic decline in value recently. The mainland STAR50 index ...
Michael Burry's top 10 life lessons for GenZ: 'Buy half the house you can afford'Michael Burry provides life advice and personal finance tips to a 26-year-old in a Substack post. He emphasizes the importance of exercisin...
Michael Burry bets against these 4 AI stocks, one of which rallied 190% YTD. Will his AI bubble warnings come true?Michael Burry is betting against Nvidia, Palantir, Tesla and Micron amid concerns over AI valuations, chip depreciation and memory supply c...
Chinese stock market enters bear territory! CSI 300 index crashes 20% from June peakChina’s CSI 300 index entered bear market territory on Thursday, falling 20% from its June peak amid concerns over taxation policies, slowi...