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News
Swiss "AI stocks" down sharply amid technology concerns
14+ hour, 54+ min ago (254+ words) The global AI boom took a serious hit over the weekend as industry leaders warned of the dangers of the technology. Swiss stocks, which had recently surged on the back of the AI boom, are now falling, in some cases…...
(2nd LD) Seoul stocks dip over 3 pct on Mideast uncertainties, AI warnings
8+ hour, 54+ min ago (416+ words) (ATTN: ADDS bond yields in bottom) SEOUL, Sept. 14 (Yonhap) -- Seoul stocks tumbled by more than 3 percent Monday as investors sold off tech-heavyweights on persisting geopolitical uncertainties and warnings from U.S. tech executives that the pace of artificial intelligence (AI) development may…...
Asian shares mixed, SoftBank shares plunge after calls to slow AI industry
6+ hour, 38+ min ago (547+ words) Asian shares are mixed and U.S. futures have edged lower HONG KONG -- Asian shares were mixed Monday, as shares of Japanese investment conglomerate SoftBank Group, a key investor in OpenAI, fell more than 10% following calls from Anthropic and OpenAI to slow…...
Asian shares are mixed and OpenAI investor SoftBank shares plunge after calls to slow AI industry
6+ hour, 38+ min ago (65+ words) The Washington Post Asian shares are mixed and U.S. futures have edged lower HONG KONG — Asian shares were mixed Monday, as shares of Japanese investment conglomerate SoftBank Group, a key investor in OpenAI, fell more than 10% following calls from Anthropic and…...
11 S&P 500 Stocks Hit 52-Week Highs On Friday
11+ hour ago (435+ words) A handful of large-cap names are hitting new highs even as the broader market dips. While the S&P 500 has returned -1.1% over the last month, some of its largest components are moving in the opposite direction. As of Friday, September…...
Shares skid in Asia as oil rises, rate hikes loom
15+ hour, 38+ min ago (598+ words) SYDNEY: Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new strikes on…...
Some up, some down! What's happening in Nikkei, Kospi, Taiwan? Oil on boil, rude crude impacting gold - Latest update | Stock Market News
10+ hour, 55+ min ago (367+ words) Share markets have been volatile globally of late amid surging oil prices, rising bond yields, anticipation of interest rate hikes amid rising inflation due to the US-Iran conflict, and AI trade. On Monday, Korea's Kospi crashed 3%, Japan's Nikkei declined 1%, and…...
KB shake-up pressures Korea bank chiefs as reappointment decisions loom
6+ hour, 53+ min ago (13+ words) KB shake-up sets stage for industrywide CEO turnover in South Korea - CHOSUNBIZ Chosunbiz...
Asian markets mostly lower as U.S. futures slide, oil prices rise
11+ hour, 48+ min ago (215+ words) Asian markets were mostly lower on Monday on rising oil prices after Saudi Arabia shut a key pipeline following drone attacks and postponed talks with Gulf states. Hotter-than-expected US inflation data strengthened the case for a Federal Reserve rate hike....
AI-connected Asian stocks fell sharply after US tech leaders' call for pacing AI development, with SoftBank, Kioxia, SK Hynix, Minimax, and Z.ai down 5%+
11+ hour, 15+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....