US stock futures stabilised on Friday after a sharp sell-off pushed the Nasdaq into correction and wiped out trillions. Investors await the October jobs
Tech
After tech stock plunge, investors rethink what Anthropic is worth
Anthropic PBC’s initial public offering plans ran into a punishing post-election selloff, prompting a rethink among prospective investors of the company’s expected valuation. Ahead
Stock Market Today: Dow Slides 500 Points Amid Surprise Jobs Report; Nvidia Leads Tech Rebound (Live Coverage)
The Dow Jones index sells off 500 points ahead of the October jobs report. Nvidia stock leads the tech rebound.
9 tech titans took a $150 billion wealth hit during Thursday’s AI stock plunge — with Elon Musk alone losing $80 billion
Elon Musk’s net worth tumbled by about $80 billion or 9% in one day as Tesla and SpaceX tumbled, and several of his tech
AI sell-off hits Singapore tech stocks, but analysts see correction rather than end of boom
Singapore’s technology sector has “significant but concentrated” exposure to the global AI investment cycle, primarily through the semiconductor and electronics supply chain, analysts noted.
Tech Stocks Just Had Their Worst Day Since 2020
Nobody announced bad news, yet $2.3 trillion vanished from the Nasdaq-100 in a single session. The real story is what one fund’s heavy bet
Tech Stocks Plunge: Is the AI Bubble About to Burst?
Just two days after the midterm elections, tech stocks in the U.S. are plummeting, and stock markets worldwide are following suit. The post-midterm recovery
Global tech stocks plunge as US AI slowdown fears spread to Asia and Europe markets
Democrats won control of US Congress in this week’s elections, with some candidates pledging to slow the growth of data centres and AI.
Asia’s tech giants are getting crushed in the AI trade rout
South Korea, Taiwan, and Japan are home to some of the world’s biggest suppliers of the chips, memory, and equipment needed to power the
Why plunging tech stocks might be just what the market needed
Amid fears that the AI boom could go bust, some analysts believe letting air out of the AI bubble now lessens the risk of