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TECH SELLOFF
Investors temper Anthropic IPO valuation expectations over revenue growth slowdownSome investors who attended Anthropic's investor day on Wednesday in San Francisco discussed a valuation of around $1.5 trillion, three of ...
Global Market Today: Asian stocks advance as selloff in chips easesThe MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. bo...
CoreWeave's slump puts spotlight on debt behind AI boomThe loss-making AI cloud company, burdened with about $50 billion in debt, has become the poster child for mounting concerns that the data ...
US stocks: CoreWeave's slump puts spotlight on debt behind AI boomCoreWeave's financial distress is highlighted by its $50 billion debt and significant default risks, causing stock prices to drop. Investor...
US Treasury yields fall sharply on AI jittersIn a significant market shift, US Treasury yields fell sharply as investors flocked to safe-haven assets following an AI-induced tech sello...
Global Market: European shares fall as global tech selloff, rate fears weigh on sentimentEuropean shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX...
Rs 82,500 crore rally in 3 days: Why TCS, HCL Tech, other IT stocks jumped up to 12% in 3 days and will the boom last?Indian IT stocks have rebounded sharply. The Nifty IT index has risen 8%, adding Rs 82,500 crore to the sector’s market capitalisation. The...
Global Market: China stocks fall as hot US inflation data revives rate hike fearsChinese stocks tumbled as hotter-than-expected US inflation data revived concerns over prolonged high interest rates. Technology shares led...
Global Market: Japan’s Nikkei plunges nearly 5% as AI stocks tumble on CoreWeave debt concernsJapan’s Nikkei 225 plunged, while the broader Topix fell 2.5%, as AI-linked stocks led a broad selloff. Sentiment was hit by concerns over ...
South Korea triggers 'sidecar' trading halt, KOSPI slumps nearly 8%On Thursday, South Korea's KOSPI index plummeted, triggering a trading halt. This sharp decline was primarily driven by a tech-led selloff ...
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...
China stocks close at one-year low as AI hardware rout deepensThe CSI300 Index closed 1.4% down, hitting its lowest level since August 2025 in late trade, while the Shanghai Composite Index fell 0.9%. ...
Global Market: Eurozone bond yields fall as tech stock selloff boosts safe-haven demandEurozone government bond yields decline as renewed turbulence in technology stocks drives demand for safe-haven assets. Germany’s 10-year y...
AI investors or casino gamblers? What Broadcom CEO Hock Tan said that sparked sharp global AI selloffGlobal AI stocks plunged after Broadcom CEO Hock Tan warned that investors are treating artificial intelligence like gambling, raising conc...
Rs 26,340 crore added in minutes! Why HCL Tech, TCS and other IT stocks rallied up to 7%Indian IT stocks rallied up to 7%, with the Nifty IT index gaining 3.3%, as concerns over rising AI investment costs and uncertain returns ...
Goldman upgrades global equities on earnings optimismGoldman Sachs has upgraded its outlook on global equities from neutral to overweight as earnings growth remains strong. This change is attr...
Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong reboundsChinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shang...