Asian shares are trading mixed, as the enthusiasm over AI and other technology stocks gradually faded, braking Wall Street’s record-setting run.
Stocks stumbled Tuesday, with tech stocks taking a relatively bigger hit, after the latest inflation report came in hotter than expected. The Dow was flat, while the S&P 500 was down 0.4%. The ...
Tech stocks looked set to drop on Tuesday, as investors took the opportunity to lock in some profit following a stellar rally in chip stocks. Futures tracking the Nasdaq 100 were 0.7% lower. Red-hot ...
US tech stocks slid after artificial intelligence company OpenAI had missed internal targets, raising broader concerns about the sustainability of the AI boom.
The U.S. stock market gave back more of its record-setting rally. The S&P 500 fell 0.7% Tuesday for its third straight loss since setting its latest all-time high.
Asian markets fell Friday, tracking overnight declines on Wall Street as a selloff in big tech stocks deepened amid concerns over valuations and persistent uncertainty surrounding tariffs and U.S.
Chinese tech shares fell Friday amid renewed pessimism about the prospects for a trade deal between Beijing and Washington. Shares of technology companies listed in Hong Kong were broadly lower, led ...
A Wall Street Journal report indicates that the ChatGPT maker missed financial targets Oracle's Larry Ellison, SoftBank's CEO Masayoshi Son and OpenAI's Sam Altman at the White House in January 2025.