Tag: stock market
Investment Fund Sees Untapped AI Market Potential in Japanese Manufacturer Toto
British fund Palliser highlights AI market opportunities in Japanese ceramic and semiconductor components maker Toto.
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Big Tech Sees Hundreds of Billions Lost Amid AI Market Correction Since 2023
Since early 2023, AI-driven enthusiasm has cooled, causing major Big Tech firms to lose hundreds of billions in market value, though some remain resilient.
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AI-Driven Financial Planning Tool Triggers Sharp Decline in US Asset Management Stocks
Shares of US asset management firms dropped sharply following the introduction of a new AI financial planning tool raising competitive concerns.
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US Big Tech Stocks Rebound After Three-Day Decline Amid Cloud Spending Announcements
Shares of major US big tech firms rose again following a three-day drop linked to hefty cloud capital expenditure plans.
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SpaceX Seeks Early Inclusion in Stock Indexes Following IPO
SpaceX aims to join major stock indexes immediately after its IPO, engaging with index providers including Nasdaq.
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AMD Shares Drop Nearly 10% Despite Strong Quarterly Results and Optimistic Outlook
AMD’s stock fell nearly 10% after posting record quarterly revenue and exceeding market expectations.
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Google Unveils Project Genie, Sending Shockwaves Through Gaming Industry Stocks
Google’s new AI, Project Genie, creates interactive worlds from simple prompts, unsettling gaming stocks and hinting at a shift in game development.
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MediaTek Shares Surge Following Strategic AI Chip Partnership with Google
MediaTek’s stock jumped 19% after announcing a collaboration with Google to develop AI-focused tensor processors.
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