Until very recently, the narrative around AI was that the $600 billion of annual corporate capital expenditure (“capex”) ...
Sharp drops hit Wall Street on Thursday as technology stocks fell and bitcoin plunged again to roughly half its record price ...
The U.S. stocks ended lower Tuesday as software and Big Tech struggled, with the S&P 500 vulnerable to pullbacks at it trades ...
Investors see weak ROI ahead as they also see AI adoption so pervasive that it makes whole business models obsolete. Both can’t be true, BofA says.
Microsoft, Nvidia, Oracle, Meta, Amazon and Alphabet all saw their shares fall in the week up to the market close on Thursday ...
Nifty IT Index plunges 6% as Indian IT stocks, including Infosys and Coforge, nosedive—read more on what's driving the sharp ...
Financial-data stocks were big losers as investors worried about the threat AI poses to tools for modeling and analysis.
Major stock indexes finished sharply lower Tuesday, dragged by technology shares, although the Dow Jones Industrial Average hit a new all-time high before reversing course. Meanwhile, gold and silver ...
Technology shares declined, dragging the broader stock market lower, as earnings results from Microsoft Corp boosted concern ...
The heaviest selling has been seen in large, high-weightage stocks. Shares of Kuaishou Technology, Tencent Holdings, and Alibaba Group faced significant pressure. As these companies dominate the index ...
A gauge of Chinese technology shares extended its drop from an October high to 20%, following a sudden selloff on Tuesday ...
Sharp drops hit Wall Street as technology stocks sank and bitcoin plunged again to roughly half its record price set in the ...
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