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TECHNOLOGY SELLOFF
Japan's Nikkei slips as Kioxia tumbles 13%; Tokyo Electron, Panasonic limit lossesJapan’s Nikkei slipped as Kioxia plunged 13.29% following a disappointing earnings outlook, while banking stocks also weakened. Gains in To...- US Midterm elections, Apple earnings, jobs data to test Wall Street after AI routWall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI...
- US bonds rally, sending yields to biggest monthly decline since 2023US Treasuries experienced a notable rise as technology stock selloffs caused a shift towards safer investments. The yield on the benchmark ...
- Global Markets | European shares stumble at end of best month since June on AI worriesEuropean stock markets slid as a global selloff in technology rattled investors, with the pan-European STOXX 600 index closing in negative ...
- October ends with a thud for Intel, Reddit, AI stalwartsA fresh test of this year's technology rally sent the Nasdaq composite on Friday to its biggest decline since June. Chipmaker Intel and soc...
- US stocks today: Dow Jones crashes 500 pts, Nasdaq over 2.5% as AI cash burn fears spark tech selloffUS stocks tumbled on Friday as disappointing results from Intel and Amazon reignited concerns over rising artificial intelligence spending ...
- US stocks today: Nasdaq sinks 2.2% as Amazon, Intel fuel fresh fears over AI spendingWall Street experienced significant losses as the Nasdaq fell to its lowest level in nearly three months. Concerns about rising capital exp...
- Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concernsU.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, b...
- Global Market: China stocks extend losing streak to 12 weeks as global AI selloff hits tech sharesChina's CSI300 index fell to a one-year low, extending its losing streak to 12 weeks as a global AI stock selloff weighed on technology sha...
- Global Market: South Korean stocks tumble over 5% as AI spending concerns hit chipmakersSouth Korean shares plunged as a selloff in semiconductor stocks intensified amid concerns over the sustainability of global AI investments...
- Global Market: China stocks fall as tech selloff deepens despite Fed rate pauseChinese stocks declined as a sharp selloff in technology and AI-related shares outweighed the US Federal Reserve’s decision to keep interes...
- US stocks today: US stocks end higher as Fed holds rates; focus turns to earningsUS stock markets ended on a high note after the Federal Reserve opted to maintain current interest rates while gauging the economic landsca...
- US Market: AI boom could weaken dollar’s safe-haven appeal as foreign flows riseThe US dollar’s safe-haven status could face pressure if the AI investment boom unwinds, prompting foreign investors to pull back from Amer...
- In China, the AI bubble has already burstWhile global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs on...
- Global Market: China, Hong Kong stocks slip as technology shares extend lossesChina and Hong Kong stocks edged lower as weakness in technology and AI-related shares outweighed faster industrial-profit growth and fresh...
- In China, the AI bubble has already burstChina's technology sector is experiencing a dramatic decline, leading to extensive financial repercussions for numerous industries. The STA...
- China stocks extend losses as global tech selloff weighs on sentimentChinese stocks extend losses as a global technology selloff, Middle East tensions and French debt concerns weigh on sentiment. The CSI300 f...
- Japan’s Nikkei falls over 1% as Wall Street tech selloff rattles marketsJapan’s Nikkei 225 falls as a Wall Street tech sell-off weighs on semiconductor and AI-linked stocks. Concerns over valuations and spending...
- Global Market: Hong Kong stocks slump to four-month low as China stimulus hopes fadeHong Kong stocks plunged to a four-month low, while mainland Chinese blue-chip shares approached bear-market territory as technology stocks...
- Hedge funds retreat from tech at fastest pace in a decade as AI trade weakensHedge funds cut technology exposure at the fastest pace in at least a decade as the global AI trade weakened and tech stocks bore the brunt...
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