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CHIPMAKERS SLUMP
Bloodbath in Nasdaq, Kospi and Nikkei but why Nifty is an oasis of peace amid global routA global AI-led tech selloff has battered US and Asian markets, wiping out $3 trillion from S&P 500 companies. However, Indian equities are...
Japan's Nikkei slumps more than 5% as market rout deepens on AI worriesJapan's Nikkei share average plummeted over 5% amid escalating market fears tied to regulatory scrutiny and a slowdown in artificial intell...
D-Street braces for gap-down opening on negative GIFT Nifty cuesOn Thursday, the Nifty index exceeded 24,000 for the first time in nearly two months. This rise was supported by falling crude oil prices a...
Global Market Today: Asian stocks join US selloff as AI slump deepensSouth Korea’s tech-heavy Kospi Index slid 8.8% in early trading, triggering a circuit breaker, with chipmakers Samsung Electronics Co. and ...
Ahead of Market: 10 things that will decide stock market action on FridayIndian markets staged a powerful rally, with Sensex jumping 2,009 points and Nifty gaining 576 points. Improved global sentiment, easing cr...
Hong Kong stocks jump 3%, China shares edge higher as tech stocks rallyHong Kong stocks rallied sharply, led by technology and gold shares, as investors welcomed the US midterm election outcome. Alibaba and Ten...
Chinese chipmaker YMTC puts IPO on hold as weaker markets weigh, sources sayThat process has been put on hold due to "various factors", according to an internal note YMTC sent to its staff and seen by Reuters. It di...
Democrats’ win rattles Trump trades from AI stocks to cryptoThe recent Democratic majority in Congress triggered a downturn in global markets, most notably impacting technology stocks. Investors are ...
Global Market Today: Asian stocks slide as US chip selloff deepensThe MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a thre...
D-St set for a negative opening as GIFT Nifty signals weak startBenchmark Nifty experienced a marginal decline after recovering from a significant low during the trading session. Analysts believe Indian ...
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...
Eternal’s strong Q2 report; Exits outpace hiring at top IT firmsHappy Thursday! Eternal’s Q2 revenue surged on Blinkit’s growth. This and more in today’s ETtech Morning Dispatch.
Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo showsThe cuts are part of an effort to build "a stronger performance culture" and address situations where the company "has consistently fallen ...
Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows: Reuters reportsQualcomm will begin notifying employees of job cuts in November as a part of its annual reviews. CEO Cristiano Amon mentioned the aim is to...
Global Market: TSMC set for sixth straight record quarterly profit on AI chip boomTSMC is expected to report its sixth consecutive quarter of record earnings, driven by surging AI chip demand and technology investments. A...
SK Hynix conditions new US factory on more US chip equipment exports to China, sources sayThe Trump administration is pressing SK Hynix, Samsung and other foreign chipmakers to build plants in the US in a drive to rebuild US manu...
FM Sitharaman's LTCG tax remarks lift Sensex by 1,100 points. Can markets hope for a review?Indian equities rallied on Tuesday, with the Sensex surging over 1,000 points after Finance Minister Nirmala Sitharaman said discussions ar...
Global Market Today: Asian stocks drop on tech jitters, oil edges lowerThe MSCI Asia Pacific equities index edged 0.1% lower early Friday. Japan’s Nikkei fell over 1%, with Softbank Group Corp. declining more t...
US stocks: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weighUS stock indices slid on Thursday as crude oil prices surged, prompted by intensifying Middle East tensions. Major benchmarks, including th...
BE share price: Bloom Energy Corp stock rises over 12 per cent, shares near USD 300U.S. Stock market today: Dow Jones Industrial Average fell 279.70 points, or 0.54%, to 51,201.81; the S&P 500 lost 16.48 points, or 0.21%, ...