Until very recently, the narrative around AI was that the $600 billion of annual corporate capital expenditure (“capex”) fueling it was good for stocks in the short term. The companies receiving that ...
Japan’s benchmark Nikkei 225 index has fallen 1%, while most markets in Asia are closed for Lunar New Year holidays ...
Nifty IT index slides 2% as all constituent stocks fall amid US tech sector weakness and AI disruption fears — track the ...
US stocks fell sharply on Thursday as a sell-off in the technology sector reignited, extending a volatile run for equity markets buffeted by concerns that AI could disrupt entire industries. The S&P ...
Investors see weak ROI ahead as they also see AI adoption so pervasive that it makes whole business models obsolete. Both can’t be true, BofA says.
Sharp drops hit Wall Street on Thursday as technology stocks fell and bitcoin plunged again to roughly half its record price ...
Indian IT stocks plunge as AI automation and US tech sell-off drive Nifty IT to a 10-month low — see what this means for ...
Financial-data stocks were big losers as investors worried about the threat AI poses to tools for modeling and analysis.
MU stock decreased by 42.5% from a high of $59.99 on 19 February 2020 to $34.47 on 16 March 2020, compared to a peak-to-trough decline of 33.9% for the S&P 500. However, the stock completely recovered ...
Information technology (IT) stocks continue to decline amid fears that artificial intelligence (AI) could disrupt the Indian ...
Sharp drops hit Wall Street as technology stocks sank and bitcoin plunged again to roughly half its record price set in the ...