Asian shares fall, tracking Wall Street's tumble on worries about AI stocks and interest rates

Asian shares fall, tracking Wall Street’s tumble on worries about AI stocks and interest rates

MANILA, Philippines (AP) — Asian shares retreated on Friday, tracking Wall Street’s tumble to one of its worst days since April as Nvidia and other AI superstar stocks kept dropping on worries their prices have shot too high. U.S. futures were nearly unchanged and oil prices advanced. South Korea’s Kospi led the regional decline, falling…

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Stocks Risk 'Disorderly Corrections,' Sparking Wider Economic Chaos: IMF

Stocks Risk ‘Disorderly Corrections,’ Sparking Wider Economic Chaos: IMF

The IMF is warning that elevated stock valuations are putting both financial markets and the global economy at risk of some turbulence. “Valuation models indicate that risk asset prices are well above fundamentals, increasing the probability of disorderly corrections when adverse shocks occur,” the organization said in its Global Financial Stability Report published this month….

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Microsoft (MSFT) Named Morgan Stanley’s Top Pick as CIOs See It Leading Generative AI Spending

Microsoft (MSFT) Named Morgan Stanley’s Top Pick as CIOs See It Leading Generative AI Spending

Microsoft Corporation (NASDAQ:MSFT) is one of the Hot AI Stocks to Keep on Your Radar. On October 9, Morgan Stanley reiterated the stock as “Overweight,” calling it their “Top Pick in large-cap software,” and stating that its “valuation is still at a discount to peers.” “Microsoft remains best positioned to capture incremental share of GenAI spend…

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Palantir (PLTR) and Hadean To Deploy AI Simulation Technology For UK Defense

Palantir (PLTR) and Hadean To Deploy AI Simulation Technology For UK Defense

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the best smart city stocks. On September 10, Palantir partnered with Hadean, a UK defense technology firm, to introduce battlefield simulation and command software for the British military through PLTR’s Foundry platform. In November 2024, Hadean finalized a £20 million Enterprise Agreement Lite with the UK Ministry of…

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Analyst Negates Investor Worries About Palantir (PLTR), Says Company Can Become ‘Operating System’ of Enterprise AI

Analyst Negates Investor Worries About Palantir (PLTR), Says Company Can Become ‘Operating System’ of Enterprise AI

We recently published 10 Buzzing AI Stocks to Watch in September. Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks to watch in September. Derek Yan, KraneShares Senior Investment Strategist, said in a recent program on CNBC that Palantir Technologies Inc. (NASDAQ:PLTR) has the potential to become the “operating system for enterprises” in the world…

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