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TECH SELLOFF
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities extended losses for a seventh session as rising oil prices and US-Iran tensions heightened risk aversion. Nifty fell to 24,...- US stocks: US market regains ground as bond yields ease; healthcare stocks rallyMajor stock indexes recovered on Wednesday after a prior day's decline. Moderna shares surged significantly following positive cancer thera...
- SanDisk shares soar 3,400% in one year. Can the rally sustain its momentum?US stock futures edged higher after a tech-led selloff, as investors monitored Iran tensions and key retail earnings for clues on consumer ...
- Cerebras stock tumbles: Will CS-4 revive the AI chipmaker?Cerebras shares fell 12.7% amid valuation and profitability concerns, while its new CS-4 AI accelerator aims to challenge Nvidia. Investors...
- IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's whyCLSA downgraded several large IT stocks and cut their target prices amid continued AI-related concerns, while retaining a bullish view on s...
- D-St set for a cautious opening as GIFT Nifty signals muted startThe Nifty index continued its decline for a sixth consecutive session this week. Elevated crude oil prices and global tensions are impactin...
- US stocks: Tech selloff weighs down Wall Street as bond yields climbWall Street faced a downturn as escalating tensions in the Middle East triggered a surge in bond yields. A steep decline was particularly e...
- Is market heading towards a big AI crash like the dot-com crisis? Here's what European Central Bank predictsThe European Central Bank warns that an AI market correction on Wall Street is likely, citing historical tech bubbles like the dot-com era....
- Why did stock market fall today? Sensex slides 281 pts, Nifty closes below 24,300. 5 factors behind the declineIndian stock indices extended losses on Monday, with Sensex and Nifty declining. Broader markets bucked the trend, closing higher as crude ...
- Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources sayIn July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...
- Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filingsIn the second quarter, institutional investors made slight reductions in their holdings of prominent tech firms, mainly due to already subs...
- Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...
- Global Market Today: Asian stocks advance, crude oil holds declineAsian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potentia...
- South Korea's Kospi swings from bear to bull market in just a month. Is AI trade regaining strength?South Korea’s KOSPI has swung from bear to bull market in just a month, surging over 31% from its July low. A sharp rebound in Samsung Elec...
- Korean stocks rise 22% in 10 days as chip rally regains steamThe benchmark Kospi gained as much as 4.8% on Thursday, extending its gain from a July 30 low to around 22%. Heavyweight memory chipmakers ...
- Datadog shares fall 16% as investors punish slower growth outlookDespite a strong second quarter and raised earnings guidance, Datadog faces concerns over moderating growth and weaker usage from a major A...
- Alphabet seeks up to $25 billion from its latest bond sale: BloombergAlphabet is seeking up to twenty-five billion dollars from its latest U.S. bond offering. This move comes after the tech giant's capital sp...
- Global Market: Japan's Nikkei slips 2% as tech selloff offsets gains in broader marketJapan's Nikkei 225 fell nearly 2% on Thursday as a global technology selloff weighed on heavyweight semiconductor stocks, overshadowing gai...
- Global Market Today: Asian stocks drop as AI rally pauses, oil dipsAsian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell sli...
- What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demandAmazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increase...
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