Browsing: selloff

A sharp selloff in artificial intelligence-related stocks following the midterm elections is raising questions about the future of data center development and whether proposed restrictions elsewhere could steer more projects toward Utah. (Photo: KUTV)

Salesforce signed its fifth major acquisition of the year while its stock sits 14% in the red, raising a question every investor in the sector now has to answer: how many integrations can one platform absorb before the buying spree…

Australian shares are set for a softer open, with SPI futures slightly in the red as global equities sell off. The dominant force today is a sharp risk off move in US markets, reflected in weaker S&P 500 and Nasdaq futures.

US stocks fell at the open on Thursday as Alphabet’s Q3 earnings sparked a sell-off in the stock and AI jitters returned to markets, dragging on the tech-heavy indexes.

Lee dismissed concerns of a broader decline in tech stocks, saying that he would buy the dip.

Chip makers and tech investors such as Samsung and SoftBank plunge as global investors fret over potential interest rate hikes

A global sell-off in memory-chip stocks deepened overnight as South Korea’s benchmark KOSPI (^KS11) tanked 7%.

Shares of Micron (MU) and SK Hynix (SKHY) are poised to open lower on Tuesday, extending a global sell-off in memory-chip stocks as South Korea’s benchmark KOSPI (^KS11I) tanked 6%.

LONDON/NEW YORK, Sept 24 (Reuters) – US long-dated Treasury yields rose to their highest in more than 20 years on Thursday, extending a global selloff that has accelerated on worries that high energy costs, resilient economic growth and increased ‌government spending will keep inflation elevated.

LONDON/TOKYO, Sept 24 (Reuters) – World financial markets remained on edge on Thursday after concerns about the Iran war and inflation pain had triggered the sharpest selloff in US Treasuries and other benchmark government bonds since last year’s Liberation Day turmoil.