Published: Nov. 6, 2025 at 3:34 p.m. ET U.S. stocks are stumbling this month amid worries over stretched valuations, with the S&P 500’s concentration in Big Tech making it vulnerable to pullbacks like the one seen Thursday. Most of the Big Tech stocks known as the Magnificent Seven trade at lofty valuations well above the highly…
Senate Democrats are pushing the Trump administration for more information on US efforts to prevent American private equity and venture capital firms from bankrolling advances by China and other adversaries in key technologies including artificial intelligence and quantum computing. In a letter to Treasury Secretary Scott Bessent, five Democratic senators demanded a update on plans…
Saudi Arabia and China are moving to deepen their already sizeable cooperation across a range of advanced technologies. The kingdom’s National Industrial Development Center held a meeting on Wednesday with a delegation comprising leaders of 30 leading Chinese companies. Led by the Minister of Industry and Mineral Resources Bandar Alkhorayef, they talked … Source link
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains after AMD’s third-quarter earnings beat lifted artificial intelligence stocks. Japan’s benchmark Nikkei 225 index was up 1.45%, while the Topix index climbed 1.11%. Japanese artificial intelligence-related companies rose: Advantest, which supplies testing equipment to Nvidia, was up 3.73%,…
(Reuters) -Nvidia CEO Jensen Huang has warned that China will beat the United States in the artificial intelligence race, the Financial Times reported on Wednesday. “China is going to win the AI race,” Huang told the newspaper on the sidelines of the Financial Times’ Future of AI Summit. The artificial intelligence chip leader’s chief in…
By Ankur Banerjee SINGAPORE (Reuters) -Sharp falls in technology stock prices are cause for caution but not panic yet, say brokers and investors who have been riding a runaway market to record highs and some stretched valuations. Selling extended into a second day on Wednesday to leave bourses in Seoul and Tokyo around 5% beneath…
Tesla shareholders have just days left to vote on whether to approve a staggering pay package for chief executive Elon Musk that could award him nearly $1 trillion in shares. Musk could leave the company if shareholders reject the package, board chair Robyn Denholm warned in a letter to voters last week. The pay proposal…
(Reuters) -Palantir Technologies fell almost 6% in early Frankfurt trading on Tuesday, as another strong quarterly update from the U.S. tech group failed to extend its record-breaking rally. The company, which has more than doubled in value this year, forecast fourth-quarter revenue above analyst estimates on Monday, driven by rapid adoption of artificial intelligence that…
Whether or not markets are getting ahead of themselves over artificial intelligence is a hot topic for investors right now. Last week, billionaire investor Ray Dalio said his personal “bubble indicator” was relatively high, while Federal Reserve Chair Jerome Powell described the AI boom as “different” from the dotcom bubble. For Magnus Grimeland, founder of…
The stock market is largely being propped up by a promise of AI that has yet to deliver—setting up what could be a disastrous bubble. But the AI land rush isn’t merely a risky gamble. Wall Street is staking the health of the markets—and that of the broader economy with it—on a bet against the…