Tag: tech stocks
SoftBank Stock Falls 10% as OpenAI Worries Mount
SoftBank Group shares fell sharply in Tokyo on Tuesday, bucking the rebound seen across most technology stocks. The decline came as investors grew increasingly...
Alphabet Surges as Mizuho Claims Google Has ‘Won the AI Race’
Alphabet is increasingly being viewed as the leading winner in artificial intelligence, with Mizuho saying market sentiment now suggests that Google has “already won...
Wall Street Slips as Tech Stocks Lose Momentum
Wall Street’s major indexes fell on Thursday as the initial optimism from Nvidia’s earnings faded. Investors became more cautious about high valuations across the...
Crypto and Tech Rally as Nvidia Delivers Blowout Q3 Results
Nvidia reported record quarterly revenue, easing fears of an AI-driven market bubble and lifting both tech and crypto stocks in after-hours trading.
Tech and cryptocurrency...
S&P 500 Slips as Fed Minutes Hit Rate-Cut Hopes; Nvidia Ahead
The S&P 500 surrendered earlier gains on Wednesday after the Federal Reserve’s October meeting minutes reduced expectations for a December rate cut. The more...
Wall St Futures Turn Lower Ahead of Nvidia Results, Fed Minutes
Wall Street futures slipped early Wednesday, reversing their initial gains as investors stayed cautious ahead of Nvidia’s earnings report and the release of the...
Wall St Futures Slip as Markets Brace for Nvidia Earnings and...
Wall Street futures erased early gains and turned lower in Asian trading on Tuesday as investors grew cautious ahead of Nvidia’s earnings and the...
Tech Valuation Fears Drag Asian Markets Lower
Asian stocks fell to one-month lows on Tuesday, with the sharpest declines seen in Japan and South Korea’s tech-heavy markets. Investor sentiment weakened ahead...
Berkshire’s $4.3B Bet Sends Alphabet Shares Higher
Alphabet Inc., the parent company of Google, is set for solid gains on Monday after 24-hour trading data showed a strong market reaction to...
UBS: AI Spending to Top $500 Billion by 2026
UBS Forecasts Global AI Spending to Surpass $500 Billion by 2026
UBS projects that global capital expenditure on artificial intelligence (AI) will climb above half...
