Nvidia shares have fallen about 16% since May 14, 2026, wiping out roughly $1 trillion in market value and pushing the stock's forward valuation back toward pre-AI-boom levels, according to Bloomberg …
Goldman Sachs warns that the wave of AI-fueled earnings surprises that boosted stocks last quarter will be hard to repeat, making a major rally from results alone unlikely. The bank's head of asset al…
Chinese companies plan to allocate 46% of their AI chip budgets to domestic suppliers within a year, up from 30% currently, according to a Bloomberg Intelligence survey. The shift is driven by U.S. ex…
Tech and finance firms are cutting thousands of jobs monthly while increasing AI spending, with Oracle cutting 21,000 jobs and AI cited as the top reason for layoffs for three straight months. Goldman…
Shares of call-center companies Concentrix Corp. and Teleperformance SE fell sharply after Concentrix cut its revenue outlook and warned that clients are reducing spending, fueling analyst concerns th…
Thailand's stock market is outperforming Southeast Asian peers this year, driven by Delta Electronics (Thailand), which surged over 80% to become the country's first $100 billion company. The company'…
FIFA's dynamic pricing for the 2026 World Cup has kept ticket prices high, with demand holding steady on resale platforms and stadiums near full capacity. Despite fan backlash over record-high costs, …
NYU Stern professor Aswath Damodaran warned that fast-tracking SpaceX, OpenAI, and Anthropic into the S&P 500 overlooks their financial losses and founder-controlled governance, posing risks for passi…
AI adoption has slashed finance analyst job openings in London by nearly 80%, from over 350 to roughly 80 in four years, according to a Bloomberg report. Banks like Standard Chartered are cutting thou…
S&P Dow Jones Indices rejected a rule change that would have allowed newly public megacap companies like SpaceX, OpenAI, and Anthropic to enter the S&P 500 faster, keeping its 12-month seasoning requi…
Zscaler shares fell more than 20% in premarket trading Wednesday after the cloud security company issued fiscal 2027 revenue and ARR growth guidance of 16% to 17%, signaling weaker-than-expected new c…
Hardware stocks surged Friday as Lenovo's record quarterly revenue and 84% growth in AI-related revenue drove its stock up 19% to an all-time high. The rally extended to Dell, Super Micro Computer, an…