Selling pressure trimmed roughly $500 billion in combined market capitalisation from the Philadelphia Semiconductor Index on ...
Asian chipmaking and technology stocks tumbled sharply on Wednesday, tracking heavy overnight losses in U.S. markets as investors grew increasingly wary of an artificial intelligence (AI)-driven ...
SoftBank shares fell sharply on Wednesday, dropping 13% in Tokyo, as investors across Asia pulled back from AI-linked stocks after a wave of selling hit U.S.
(Reuters) -Equities saw their sharpest slide in seven months in Asia on Wednesday, with tech stocks leading losses as ...
Michael Burry, the investor famously portrayed in The Big Short, has taken short positions against two high-profile tech ...
(Reuters) -CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday cautioned that equity markets could ...
Shares of technology companies slid as traders fled artificial-intelligence boom stocks. Palantir Technologies shares plunged even after the producer of AI-powered analytic software logged earnings ...
Meanwhile, Veteran analyst Stephen Guilfoyle credits Palantir’s growth to strong fundamentals, noting, “Sales are running ...
Major stock indexes dropped on Tuesday, with chip stocks lower as the CEOs of Goldman Sachs and Morgan Stanley cautioned that ...
Shares of AI industry stalwarts, including Oracle, Nvidia, AMD, and Amazon, fell on Tuesday, following growing concerns over ...
Michael Burry placed a $1.1billion bet that heavy hitter artificial intelligence companies Nvidia and Palantir will see a ...
Renowned investor and hedge fund manager Michael Burry revealed new bearish bets against two of the market’s top AI stocks, ...