SoftBank's shares plunged 13% in Asian trading due to concerns over AI-linked firms' valuations, triggering a Wall Street ...
Pullback signals the growing unease over the sector’s earnings potential and elevated stock valuations. Read more at straitstimes.com. Read more at straitstimes.com.
Australian shares have staged a comeback during Wednesday afternoon’s trading, although falls in technology and major miners ultimately saw the market finish the day in the red.
The selloff underscores how stretched the AI-fueled rally has become with key indexes trading near record highs. Chipmakers ...
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 ...
CEO Alex Karp strongly criticized short-sellers, especially Michael Burry, who is the investor made famous by The ...
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 ...