Asian equities slid on June 5, led by South Korea's Kospi which fell more than 5% in early trading after Broadcom's disappointing AI-chip guidance triggered a broad selloff in semiconductor stocks. Sa…
Seoul shares fell nearly 4% late Friday morning as investors locked in profits from a recent tech-led rally, with the Korea Composite Stock Price Index (KOSPI) losing 334.97 points, or 3.88%, to 8,304…
Seoul shares plunged sharply Friday, with the KOSPI falling 5.2 percent to 8,190.25, driven by a tech sector selloff and uncertainty over the U.S.-Iran peace deal. Program trading was suspended after …
SpaceX and Anthropic are preparing to go public at valuations of $1.77 trillion and nearly $1 trillion respectively, prompting major index providers like Nasdaq and FTSE Russell to shorten or eliminat…
The Dow Jones Industrial Average surged 925 points Thursday as oil prices eased on hopes of resumed crude flow through the Strait of Hormuz, though the S&P 500 gained only 0.3 percent and the Nasdaq f…
Nasdaq futures fell sharply Friday after Broadcom issued a disappointing forecast for AI chip sales, sending its shares down more than 10% in premarket trading. The semiconductor giant's weaker-than-e…
SpaceX amended its IPO filing on June 1 to include a provision reserving 5% of shares for friends and family without lockup restrictions, potentially allowing recipients to reap billions in immediate …
SpaceX publicly filed its S-1 prospectus with the SEC on May 20, targeting a $75 billion raise on the Nasdaq at a valuation between $1.75 trillion and $2 trillion, while Anthropic confidentially filed…
A forecaster and investor who claims consistent success in predicting economic and geopolitical outcomes argues that human behavior is far more predictable than commonly assumed, citing a track record…
Richtech Robotics Inc. completed the acquisition of a 79,325-square-foot warehouse in Las Vegas for approximately $21.2 million on May 29, 2026, to support GPU-enabled computing, robotics data collect…
GitLab is cutting approximately 14% of its full-time workforce, roughly 350 employees, and exiting 22 countries as part of a restructuring to realign its operating structure for the "agentic era" of a…
U.S. stock futures were mixed on Tuesday as investor enthusiasm for artificial intelligence stocks collided with rising geopolitical tensions between the United States and Iran. Dow Jones Industrial A…
US equity indexes hit fresh records on June 2, 2026, as AI-related stocks surged, with the S&P 500 rising 9.82 points to 7,609.78. Marvell Technology jumped 32.5% after Nvidia CEO Jensen Huang suggest…
Microsoft introduced Web IQ, a new grounding system for AI agents, at its Build conference, claiming sub-165ms P95 latency and industry-leading quality for connecting AI models to fresh, authoritative…
Wall Street futures pointed to a higher open on Monday, driven by renewed investor enthusiasm for artificial intelligence. The Dow Jones, S&P 500, and Nasdaq were all set to rise as AI-related stocks …
Amdocs is cutting between 2,700 and 3,000 jobs, roughly 10% of its global workforce, under new CEO Shimie Hortig as part of an AI-driven restructuring. The layoffs, which include hundreds of positions…
The S&P 500 Momentum Index surged 31.7% over two months through May 2026, its largest gain since inception in 1994, driven almost entirely by AI and semiconductor stocks. Technology stocks generated r…
The S&P 500, Nasdaq, and Dow Jones Industrial Average closed at record highs on May 29, driven by strong AI-fueled tech earnings from Dell and reports of a potential US-Iran ceasefire extension. Bitco…
Software stocks surged in late May, led by Snowflake and Okta, as investors rewarded companies with visible AI strategies, with the iShares software ETF rising 8% for the week and closing May up 21%—i…
JPMorgan Chase CEO Jamie Dimon advised Generation Z graduates to focus on developing critical thinking, emotional intelligence, and communication skills rather than fearing AI job displacement, callin…