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Citi downgrades US stocks to 'neutral' as AI sell-off, regulatory risks mountCitigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follow...
Fed’s Barkin urges rate policy caution, Goolsbee warns of inflation concerns as AI risks loomRichmond Fed President Tom Barkin emphasized the need for caution in managing inflation and its policy risks. He mentioned that inflation c...
Nvidia's Jensen Huang under fire; Bernstein retains $400 target price on stock, but with key risksNvidia's CEO, Jensen Huang, is under fire after revealing a personal relationship tied to espionage suspicions. Although Wall Street's Bern...
China, Hong Kong stocks fall as US tech rout sparks AI bubble fearsChinese and Hong Kong stocks took a hit as American tech shares slumped overnight, fueling worries about the durability of the artificial i...
US midterm results threaten data center boom as AI backlash growsUS midterm election results have raised fresh concerns over the future of America's data centre boom, with Democratic victories in Texas an...
Democratic victories threaten to slow US data-centre expansion, ease bond yields: ICICI Bank reportThe US midterm election results have put 141 GW of planned data-centre capacity at risk of tighter policy restrictions, potentially slowing...
Foreign buying, softer crude lift Dalal Street; Sensex closes above 77,300Following the US midterm elections, Indian investors are buoyed by hopes of decreased global trade tensions. The Sensex surged by 383.55 po...
Democratic victory in midterm elections adds a new twist to stock markets' Iran war, AI, and debt worriesInvestors are watching the implications of the recent Democratic win in the US midterm elections. Geopolitical tensions, particularly the I...
Donald Trump's midterm drubbing demonstrates the power of data center opponentsDemocrat victories in recent midterm elections signal a shift in public sentiment regarding data centers and AI technology. Key races in Te...
AI turns cyber threat into boardroom crisisIn India, State Bank of India disclosed that 375,000 customer records had been leaked on the dark web, while vulnerabilities in eMudhra’s d...
Big Tech barely moved after the midterms, but Tesla and SpaceX fell up to 5%, and even Tesla missed the solar rally: Did Elon Musk’s big bet on Republicans just backfire?Tesla and SpaceX shares fell in premarket trading on Wednesday, Nov. 4: Today’s US stock futures pointed to a strong Wall Street opening, w...
70% of global business leaders report rising risk exposure amid AI, geopolitical disruptions: KPMGAccording to the report, 56% of respondents said external disruptions involving geopolitical, energy, cyber, trade or climate-related facto...
Meta kicks off first euro bond sale in latest test for tech sectorMeta Platforms has initiated a significant bond sale, marking its first offering of euro-denominated bonds aimed at financing its investmen...
US midterm elections: Early Democratic wins rattle Wall StreetEarly Democratic victories in key US Senate races have raised expectations of a potential shift in control of Congress, although the final ...
China to expand global access to yuan assets, promote Hong Kong as offshore hubChina plans to expand global access to yuan-denominated assets and strengthen Hong Kong's role as an offshore yuan hub. Meanwhile, regulato...
Accountability tames AI autonomy as DSCI outlines its liability frameworkIn the framework titled AI Liability: Industry Guidance for Agentic AI, DSCI said assigning liability solely to the organisation deploying ...
Is India prepared to tackle 369 million cybersecurity incidents and AI challenges ahead?India experienced a notable increase in cybersecurity incidents which has raised concerns over its infrastructure and talent shortages. The...
TRAI proposes board-approved AI policies, risk classification and mandatory incident reporting for telecom operatorsTRAI has proposed draft guidelines requiring telecom operators using AI to adopt board-approved policies, classify AI systems by risk and r...
RBI tightens cyber checks on lenders after spate of hacksIndia's banks are facing increased scrutiny from the Reserve Bank of India regarding rising cyberattacks and AI risks. Recent incidents inc...
Risks spelled out for Anthropic investors include possible harms from runaway AIThe risks laid out by the San Francisco company in its filing Monday with the Securities and Exchange Commission included discussion of bad...