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TECHNOLOGY AND JOB LOSSES
Why IPO valuations, SpaceX’s included, may not conclusively capture the current state of AI playThe AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover...- US stocks: S&P 500, Nasdaq end up as tech, chipmakers reboundU.S. stocks largely rose Monday, with the Nasdaq and chipmakers leading the gains as investors sought bargains after Friday's selloff. Reli...
- US stocks today: US market gains as semiconductor stocks rebound, Middle East tensions easeMajor Wall Street indexes saw a strong rebound. This recovery was driven by gains in chip stocks. Signs of de-escalation in Middle East ten...
- Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
- Nvidia clinches deals with South Korean giants include SK Group to advance AI boomSpeaking to reporters in Seoul, Huang's remarks underscored Nvidia's continued cooperation with SK Hynix, a leading supplier of high-bandwi...
- Global Markets Watch: Tumbling tech darlings slam brakes on AI rallyAsian stocks experienced a significant plunge as investors exited AI-linked shares amid concerns of an overheated market. Disappointing out...
- U.S. Stock Market prediction for Monday: Nasdaq, S&P 500, Dow Jones crash to continue in Wall Street? These factors will determineU.S Stock Market on Monday: Magnificent Seven stocks which includes AI players Nvidia, Google-parent Alphabet and Meta will be under scanne...
- Ahead of Market: 10 things that will decide D-Street action on MondayIndian benchmark indices ended marginally lower on Friday as investors assessed the RBI’s decision to keep rates unchanged while raising in...
- 'Start your job search with...': American billionaire Mark Cuban shares career advice to graduates in the AI era, explains how to find better opportunitiesAmerican billionaire Mark Cuban urges recent graduates to target small businesses for career starts, predicting they'll lead AI-driven job ...
- 'AI won't just moderate posts, it will curate reality': Former White House AI czar David Sacks warns against govt control of AIDavid Sacks, chair of the President's Council of Advisors on Science and Technology and former White House AI and Crypto Czar, has criticiz...
- Chip slump erases $1.3 trillion in stock market valueThe PHLX's combined loss of 12% over two sessions shows investors are becoming more concerned about pricey, high-flying tech stocks just as...
- US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fearsWall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. ...
- S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interes...
- US stocks today: S&P 500, Nasdaq slides as chip stocks fall, jobs data fuels hawkish Fed fearsMarkets saw a dip on Friday. Chipmaker stocks weakened after a strong rally. A better-than-expected jobs report fueled expectations of a US...
- Anthropic wants AI development to slow down globally, warns humans could lose control otherwiseIn a long article on its website, titled "When AI builds itself", Anthropic said it would be good to have the option to slow or temporarily...
- Laid off by Oracle, engineer gets 3 job offers in 45 days: Techie shares job strategy that worked for himA software engineer, laid off from Oracle, secured three job offers within 45 days by dedicating hours daily to DSA practice, learning AI e...
- AI-proof career in India? IIT engineer says this profession can earn lakhs a month and remains AI-resistantAn IIT graduate's Reddit post ignited a discussion on career stability. He argued that medicine offers more security than engineering, citi...
- China adds data and AI to trade secret rules to block leaksEffective Monday, the Regulations on Trade Secret Protection mark the first time Chinese law protects such digital assets as proprietary se...
- AI-driven labour displacement risks to remain low in near term, Bridgewater saysAdoption remains limited, with fewer than 20% of US firms reporting AI use in any business function over a two-week period, concentrated l...
- “Just mark my words”: Anthropic CEO Dario Amodei's stark warning on AI-driven layoffs, says 'ideology won't survive reality'Anthropic CEO Dario Amodei predicts AI's profound impact on jobs will force political unity on worker support measures. He believes ideolog...
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