young man standing in front of the projection reflected stock market | Image Credits:Getty Images A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced…
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 5.8% in the afternoon session after Amazon announced robust demand for its Trainium processors, which are manufactured by Marvell. The update came from Amazon CEO Andy Jassy, who highlighted an impressive 150% quarter-over-quarter growth for the Trainium2 chip. This rapid expansion turned the processor line…
US stocks surged to record highs on Friday as investors digested a crucial inflation report that helped cement expectations for the Federal Reserve’s next policy moves. The Dow Jones Industrial Average (^DJI) rose 1%, or over 450 points. The S&P 500 (^GSPC) gained 0.8%, while the Nasdaq Composite (^IXIC) jumped 1.2%. The September inflation data…
Wall Street is growing louder with warnings that the artificial intelligence trade may be overheating. After months of record gains in AI-linked stocks and corporate spending, concerns are mounting that the boom is starting to look like a bubble. JPMorgan CEO Jamie Dimon underscored that tone of caution while speaking to reporters on Tuesday, calling…
Hong Kong’s Northern Metropolis is no longer a distant blueprint but a defining project of our times. In his policy address, Chief Executive John Lee Ka-chiu made clear that its delivery will be a top priority, with new structures, legislation and transport links to ensure momentum. This marks a significant step forward for Hong Kong,…
Hong Kong’s Northern Metropolis is no longer a distant blueprint but a defining project of our times. In his policy address, Chief Executive John Lee Ka-chiu made clear that its delivery will be a top priority, with new structures, legislation and transport links to ensure momentum. This marks a significant step forward for Hong Kong,…
D-Wave Quantum recently experienced a 55% increase in its stock price over the last quarter, driven by several important corporate announcements. Despite reporting increased net losses for the second quarter and the first half of 2025, the company unveiled a new quantum AI toolkit and strategic partnerships, potentially boosting investor confidence. Furthermore, the timing of…
Tesla shares tumbled Thursday after its latest earning results knocked the wind out of investors’ confidence in Elon Musk’s electric vehicle maker. The company has been facing intense competition, cooling consumer interest and a reduction of the government incentives that made buying EVs more affordable. Musk, the chief executive, broadcast that the tough times could…