AI Selloff Shadows Global Markets as Chip Stocks Slide From Wall Street to Seoul
Global stock markets began November on edge. A technology selloff that erupted on Wall Street late last week rippled through Asian trading floors on Monday,...
Tag : Wall Street
Amazon’s Cloud Growth Hits Five-Year High, but Profit Miss and Spending Plans Hit the Shares
Amazon’s cloud business is growing faster than at any time in nearly five years. Investors, worried about the cost of that growth, were not impressed....
Alphabet Slide Dents Tech Rally as Korean Chip Shares Retreat After Record Run
Technology shares lost momentum in Asia on Thursday after a disappointing earnings report from Alphabet and a pullback in South Korea’s chipmakers cooled a rally...
Microsoft Rewarded, Alphabet Punished as Investors Weigh the Cash Cost of Cloud Growth
Two technology giants reported booming cloud businesses on Wednesday, and investors sent their shares in opposite directions. Microsoft rose, while Alphabet slid by around a...
Global Stocks Climb as Chip Rally Extends Ahead of Fed Decision and Big Tech Earnings
Global equities pushed higher into midweek as a rally in chip stocks spread across continents. That sets a cautiously upbeat tone ahead of two events...
Alphabet and Microsoft Report Today as Investors Weigh the Cost of the AI Build-Out
Two of the world’s most valuable technology companies report quarterly results after the US market close today. The numbers will test whether enormous spending on...
Wall Street Heads Into Fed Week on a Winning Note as Asian Chip Stocks Surge
Global equities are entering one of the busiest weeks of the year with some momentum. The Dow Jones Industrial Average added 146.42 points, or 0.28%,...
Meta Launches Record $95 Billion Equity Raise to Bankroll Its Data Centre Build-Out
Meta Platforms has opened what it describes as the largest equity fundraising in its history, a plan to raise as much as $95 billion to...
Global Stocks Slip as Big Tech Earnings and the Fed Loom Over a Jittery Market
Stocks stumbled across much of Asia on Monday, extending a nervous stretch for global markets. Investors are bracing for a week crowded with Big Tech...
Nasdaq Suffers Worst Day Since June as Doubts Over AI Spending Hit Chipmakers
Wall Street’s technology-heavy Nasdaq Composite had its worst session since June on Thursday. A string of company results revived an uncomfortable question: how much will...