Michael Burry, famed for predicting the 2008 crash, bets $1.1bn against Nvidia and Palantir as Wall Street warns of an AI ...

Karp said short sellers were underestimating the companies' long-term AI prospects and risked missing a broader market shift toward artificial intelligence. The two companies he's shorting are the ...

Sterling fell to USD1.3029 midday Wednesday, from USD1.3045 at the time of the London equities close on Tuesday. The euro ebbed to USD1.1488 from USD1.1494. Against the yen, the dollar rose to ...

The global selloff in semiconductor stocks has entered a sharper phase, as investors begin to question whether the AI trade ...

At a financial summit in Hong Kong on Tuesday, executives at Goldman Sachs and Morgan Stanley warned that investors should ...

Shares of Advanced Micro Devices Inc. were more than 4% lower in premarket trading Wednesday, after the chipmaker’s guidance ...

Palantir – the bubbliest of all AI bubble stocks – fell after thumpingly good earnings, which suggests investors are calling ...

The markets are highly vulnerable to a selloff in tech stocks. In October, tech stocks tracked by Bank of America contributed ...

The backdrop to Wall Street's worst day in almost a month, which saw both the S&P500 and Nasdaq shed more than 1%, was a surprisingly positive showing for Democrats in local mayoral and state governor ...

Michael Burry, the famed investor behind “The Big Short,” is betting artificial intelligence is more of a bubble than a ...

Michael Burry of "The Big Short" warned of an AI bubble and shed light on his wagers against Nvidia and Palantir with the ...

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 ...