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OPTIMISM ABOUT AI
Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...- Chipmakers head for big profit gains, but will it be enough?Chipmaker shares are experiencing significant price swings on Wall Street this month. Investors anticipate these companies will drive much ...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- Global Market: Citi downgrades South Korea to neutral as AI chip volatility mountsCitigroup has downgraded South Korea to neutral after a year-long overweight stance, citing heightened volatility in AI-linked chip stocks ...
- Global Market: ASML's AI-fuelled rally raises prospects of becoming Europe's first trillion-dollar companyThe artificial intelligence boom has propelled Dutch chip equipment maker ASML to become Europe's most valuable listed technology company, ...
- UK chief financial officers turn more hopeful about AIThe survey of UK chief financial officers by accountancy firm Deloitte found 73% were optimistic about AI improving their businesses' perfo...
- US Stock Market: Earnings season gathers pace as AI heavyweights, chipmakers take centre stageUS corporate earnings season is set to accelerate this week with key tech giants announcing their results for this quarter. Investors antic...
- Quote of the day by Thomas Jefferson, 'I like the dreams of the future better than the history of the past', reveals psychology that why the future matters more than Past, offers inspiring life lesson for new generationQuote of the day by Thomas Jefferson offers timeless life lesson that while history deserves respect, the future deserves our energy. The p...
- Samsung cuts US jobs, offers relocations ahead of HQ moveSamsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...
- Is Your Workplace Set Up for AI Agents?AI’s true productivity gains require redesigning organizations, not merely adding AI to human-centered systems—much like factories once had...
- Startups bet on AI and a leaner futureWhen Eric Lauer needs to hire at Giftory, the online gift-giving platform he runs, he's no longer looking for eager young coders fresh out ...
- Global Market: AI chip rally faces valuation test as investors rotate towards hyperscalersAI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slo...
- US stocks today: S&P 500, Nasdaq fall as chip stocks weaken; earnings and data in focusThursday saw declines in the S&P 500 and Nasdaq indexes, primarily due to a renewed slump in chip stocks that outweighed positive earnings ...
- Global Market: European shares edge lower as earnings, M&A activity offset by Middle East tensionsEuropean shares traded slightly lower as investors assessed corporate earnings and merger news. Geopolitical tensions in the Middle East ke...
- NY Fed's John Williams: "Unquestionably too-high" inflation may soon subsideJohn Williams, the president of the New York Fed, asserts that inflation is likely at its peak and should soon begin to taper off. He proje...
- Is Wall Street heading towards a massive crash by 2026-end? Here's what history may be hinting atStrong US stock gains in '26 are being overshadowed by historical midterm election volatility, AI valuation concerns and bearish warnings. ...
- AI delivers bigger financial gains only when companies redesign workflows: McKinseyCompanies gain little by adding AI to existing processes. True benefits emerge after redesigning work around AI. Most organisations use AI ...
- Global Market: SK Hynix warns of historic memory chip shortage by 2027 as AI demand soarsSK Hynix anticipates a severe global memory chip shortage extending beyond 2030. Accelerating artificial intelligence infrastructure demand...
- Blind Brown University professor Roberto Serrano exposes massive AI cheating scandal after students' scores plunge from 100 to 48, calls AI 'tsunami for all of us'A Brown University professor noted unusual perfect scores on a take-home midterm exam and exposed a massive AI cheating scandal. Many stude...
- Global Market Today: Asian stocks rise following chip rally, oil slipsAsian stocks climbed as investors favored semiconductor shares due to AI demand. Oil prices declined as energy supply disruption fears ease...
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