After a $2.5 Trillion Wipeout, Tech Investors Brace for More Pain
A stock rally fueled in part by artificial intelligence is being tested after Democrats’ landslide election victories.
A stock rally fueled in part by artificial intelligence is being tested after Democrats’ landslide election victories.
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen Reuters
For years, Wall Street has been happy to write blank cheques for some of the biggest companies in the world. But investors are now starting to get nervous.
Markets News, Nov. 6, 2026: Nasdaq, S&P 500 Rise as Chip Stocks Bounce Back from AI Tailspin; Major Indexes Post Weekly Losses Investopedia Nasdaq gains ground after tech selloff, with losses still outweighing rebound Fox News Nasdaq...
Investors had been selling off tech shares in part due to concerns the Democrat election victory would mean slower AI development.
AI stocks climb after trillions wiped from market values BBC After a $2.5 Trillion Wipeout, Tech Investors Brace for More Pain The New York Times A new phase in the tech market correction Financial Times What the AI...
Stock Market Today: Nasdaq Rallies In Tech Turnaround; Airbnb Rockets Higher Investor's Business Daily Nasdaq gains ground after tech selloff, with losses still outweighing rebound Fox News US stocks stage tepid recovery after $3.2tn...
Major investors question Anthropic's $1.5 trillion valuation as a sweeping AI selloff raises the prospect of a smaller IPO or delayed listing.
CNBC’s Kate Rooney reports on the latest news surrounding Anthropic’s initial public offering.
Investors are nervous about the massive AI spending from the tech giants and whether that will pay off. Covered by 3 outlets: 1 lean left, 2 are centre.
Wall Street suffered a sharp selloff as investors grew increasingly nervous about the staggering costs of the global AI race. The Nasdaq plunged nearly 1.4%, while the S&P 500 and Dow Jones also ended lower as...
Investors are nervous about the massive AI spending from the tech giants and whether that will pay off.
If Democrats rise to this moment, they can turn a single night’s victory into a new American promise. Covered by 5 outlets: 2 lean left, 2 are centre, 1 lean right.
If Democrats rise to this moment, they can turn a single night’s victory into a new American promise.
Democrats won big. But what is their mandate? Reuters
Democrats won big. What does that mean for AI policy? USA Today
The GOP held just 62 seats, while Democrats had taken more than 100 that had been called by the Associated Press by 10 p.m. in the 293 races on the line Tuesday night.
Cumulative UPI transaction value hit an all-time high of Rs 31.53 lakh crore in October, crossing Rs 30 lakh crore for the first time. The earlier record was Rs 29.9 lakh crore, set in May 2026.
UPI processed transactions worth an average of ₹1,01,707 crore daily in October 2026, crossing the ₹1 lakh crore mark for the first time. Monthly transaction value hit ₹31.53 lakh crore, while transaction volume rose...
Wall Street's tech sell-off has spread to Asia as investors questioned the US Democrats' approach to data centre investment. BetaShares chief economist David Bassanese spoke to The Business' Alicia Barry. Mr Bassanese said the market...
IISS study questions overreliance on American support and ‘overdependence on expensive, high-end systems’ Gulf states are going to have to reconfigure their trillion-dollar defences given the damage inflicted on their economies and the...
AI giant Anthropic has filed to go public on the stock market with the potential to smash records when it begins to sell shares. Andrew Chang breaks down Anthropic's 355-page initial public offering (IPO) documents to explain its...
EU auditor Tony Murphy has warned of rising debt costs and fraud risks as Brussels seeks billions more for Ukraine
OpenAI has secured $11 billion in the first tranche of a funding round valuing it at $1.25 trillion, with the total potentially reaching $20 billion. Covered by 3 outlets: 3 are centre.
OpenAI is also working with investment banks to raise from high net worth individuals
OpenAI has secured $11 billion in the first tranche of a funding round valuing it at $1.25 trillion, with the total potentially reaching $20 billion. The fundraising comes amid a tech sell-off and growing investor...
The priority items, which were picked from 62 products and technologies, include semiconductors and artificial intelligence.
OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world's most valuable companies, not long after raising $122 billion from...
Following the US midterm elections this week, shares of Nvidia--the world's No. 2 most valuable company by market cap behind Apple--slid downhill in a big way. In fact, more than $1 trillion has been wiped out from Nvidia's market cap...
Nvidia loses nearly $1.4 trillion in market value after a 9.26% share-price plunge, fuelling concerns over AI spending, valuations, and future profits.
A tech-driven market selloff rippled across global markets Friday, sending Asian and European stocks falling amid ongoing worries that a Democrat-controlled Congress could stymie the AI investment boom. Tech-heavy indexes in Asia were...
It was the second straight day of selling in AI stocks and the fifth decline of more than 500 points in the Nasdaq Composite since mid-October.
Tech stocks plummeted amid fears inbound Democrats will end Donald Trump's era of laissez-faire regulation and backdoor deals.
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Rep. Harriet Hageman warned that the Democratic Socialists of America's proposed nationalized healthcare plan would significantly increase taxes, lengthen wait times, and threaten the stability of rural hospitals.
As investors worry about massive spending on the A.I. buildout paying off, earnings reports drove markets down. NBC News’ Brian Cheung reports on what happened on Wall St. and the hack on crypto exchange Binance. For more context and...
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Google lost nearly half a trillion this week. But the week's tech sell off might provide an opportunity, says Mike Khouw.
Shares sank, with the tech-heavy Nasdaq dropping over 5%, as investors reacted with fear that a Democratic Congress — and states across the country -— would crack down on AI and data centers.
Stocks plunge as election outcome and AI worries crush tech shares NBC News Massive tech sell-off wipes $2.5 trillion from the stock market CNN Fears about an AI crackdown after midterms sparks a $2 trillion rout in...
The transaction could become the largest acquisition deal in Japan's chemical industry.
Japan Investment Corp intends to sell its semiconductor materials subsidiary JSR to Mitsui Chemicals in a significant transaction. This deal is projected to exceed 1.3 trillion yen and may occur within the month....
Stocks suffered their steepest one-day drop in more than six months on Thursday as investors grew anxious that the artificial intelligence spending boom may be slowing down. The AI-heavy "Magnificent 7" stocks lost more than $1 trillion...
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On average, each resident in Japan bore about ¥100,000, based on the country's population of about 122.86 million as of April 1.