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WALL STREET TECH CORRECTION PREDICTION
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....- At Beijing AI-themed bar, DeepSeek tokens come with the pintsAs AI enthusiasm sweeps across China, Song De opened AGI Bar, named after the concept of artificial general intelligence where AI systems s...
- D-Street braces for weak opening on negative GIFT Nifty cuesDomestic equities opened the week lower, with the Nifty closing down at 24,287 points. Analysts anticipate range-bound trading as focus shi...
- Michael Burry revives AI warnings, Big Short investor says 'You could have heard it first'Michael Burry revived his AI bubble warnings after a report highlighted roughly $3 trillion in disclosed commitments by technology giants f...
- Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: ReportWall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company fo...
- Stripe clinches over $7 billion deal to buy AI firm OpenRouterThe deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find th...
- Book recommendations by Warren Buffett: Want to sharpen your investing mindset? These five books recommended by the ‘Oracle of Omaha’ cover everything from building businesses and creating long-term wealth to making better financial decisionsWarren Buffett suggests reading for success and knowledge accumulation. Several of his recommended books are now available as audiobooks. P...
- 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...
- Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources sayAs Anthropic prepares for its initial public offering, Wall Street is keenly evaluating the company's worth through the lens of its project...
- Nvidia’s $500 billion plan envelops Wall Street in its AI frenzyNvidia has unveiled a major financing initiative aimed at supporting artificial intelligence chip acquisitions. By collaborating with promi...
- AMD looks to raise $4 billion to $5 billion in debt offering, source saysAdvanced Micro Devices is looking to raise between $4 billion and $5 billion in a debt offering, a source familiar with the matter said...
- JPMorgan CEO Jamie Dimon recalls being fired by Citigroup and surviving a near-fatal heart emergency, Wall Street veteran says the setback “affected my net worth, not my self-worth”JPMorgan Chase CEO Jamie Dimon recalled his unexpected 1998 Citigroup firing and his near-fatal 2020 heart emergency. His daughter even ask...
- Goldman Sachs ups ETF push, set to acquire Neos Investments for up to $2.25 billionGoldman Sachs is set to acquire Neos Investments for nearly $2.25 billion. Neos manages approximately $30 billion across nineteen exchange-...
- Super Micro forecasts upbeat annual revenue on data center adoptionAI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.
- Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660Bernstein maintains an Outperform rating on Microsoft and raises its target to $660, citing disciplined AI infrastructure spending, flexibl...
- OpenAI buys back $7 billion of employee shares in tender offerThe ChatGPT maker bought back shares from current and former employees rather than tapping outside investors for the tender offer. The deal...
- Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutIn an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms ...
- D-Street indicates cautious opening as GIFT Nifty signals muted startOn Friday, Indian equities experienced a minor decline, with Nifty ending the day lower due to weak global cues and profit booking activity...
- Top 5 stock market lessons from legendary investor Peter Lynch that you should followLegendary investor Peter Lynch’s investing philosophy emphasises understanding what you own, conducting thorough research and focusing on a...
- US stocks: US stocks rise as surprise payrolls decline cools rate-hike fearsUS stock markets opened higher on Friday after unexpected job losses. The S&P 500 and Nasdaq saw gains at the opening bell. This economic d...
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