Tag
#Artificial Intelligence
Asia chip stocks fall as SoftBank slides 9.2% on AI sell-off
Asia chip stocks fell as SoftBank slid 9.2 per cent, TSMC dropped and investors questioned whether rising AI capex can still pay off.
Bank of America names new crypto and AI leaders
Bank of America named Sonali Theisen and Kevin Milsom to run digital-assets and AI work in markets, formalizing both as bank infrastructure.
Temasek still treats crypto as a governance scar
Temasek crypto stance after FTX still shapes where sovereign money will go, even as the fund lifts its AI target to 15 per cent.
China factory PMI rises to 50.3 as export demand leads
China factory PMI rose to 50.3 in June as AI-linked export demand kept manufacturing expanding, while domestic demand stayed soft.
AI hiring 2026: heavy spenders add staff faster than peers
AI hiring stayed stronger at the heaviest corporate spenders, suggesting the first wave of generative AI is boosting expansion more than cutting jobs.
Dollar hits 13-month high as AI inflows, Fed bets build
Dollar hits a 13-month high as AI-driven inflows into U.S. assets and higher-for-longer Fed bets keep capital clustered in the greenback.
Kingboard’s rally says mainland money is chasing AI proxies
Kingboard rally momentum is being driven by mainland buying, AI supply-chain optimism and Hong Kong southbound flows more than one catalyst.
OpenAI probe adds IPO risk as state AGs seek answers
OpenAI probe by state attorneys general adds legal risk to its IPO path, with questions over data, advertising and vulnerable users.
Broadcom AI outlook tests chip rally’s perfection trade
Broadcom AI outlook disappointed investors because strong growth was no longer enough after a $280bn run-up in the chipmaker’s shares.
SoftBank taps Japan retail buyers for $1.6 billion bond deal
SoftBank plans to raise ¥260 billion from Japanese retail buyers, extending Masayoshi Son's AI financing push as OpenAI optimism lifts the shares.
AI momentum stocks hit record run as global trade narrows
AI momentum stocks are on a record run, beating world benchmarks by 17 points as investors crowd into chip leaders and brace for an IPO wave.
Japanese retail traders hit 25% as AI rally feeds dark pools
Japan AI rally is pushing retail traders into dark pools as their share of stock turnover hits 25 per cent, complicating Tokyo price discovery.
Zoom's Anthropic stake puts AI marks onto balance sheets
Zoom's Anthropic stake has swelled to about $1.27 billion, showing how private AI valuations are starting to reshape listed-company balance sheets.
S&P 500 earnings growth broadens beyond AI as Q1 beats spread
S&P 500 earnings growth hit its fastest pace since 2021 as the other 493 companies posted 17.4 per cent growth, widening the rally beyond AI.
Nvidia's $18.6bn venture trail changes the AI trade
Nvidia venture investments reached $18.6 billion in one quarter, raising questions about AI demand, counterparty risk and the cash trail behind the boom.
Japan blockchain finance plan backs tokenized deposits
Japan blockchain finance plan backs tokenized deposits, yen stablecoins and a five-year roadmap, pushing digital rails into mainstream market plumbing.
Standard Chartered (STAN.L) targets 7,000 job cuts in AI efficiency push
Standard Chartered tied a plan to cut more than 7,000 jobs to higher return targets, pitching AI as a route to stronger bank profitability rather than a simple cost-cutting tool.
Kraken layoffs show the crypto IPO window is cooling
Kraken's 150 job cuts and a drift toward a 2027 flotation suggest public investors still want steadier exchange revenue, not another bull-market growth story.
NextEra (NEE) to buy Dominion (D) in $66.8bn AI-power deal
The NextEra-Dominion deal ties AI-led data-centre electricity demand to a new round of US utility consolidation and regulatory scrutiny.
Equity fund flows show AI rally still has believers
Weekly flow data suggests investors are still committing fresh money to AI-linked equities even as inflation worries lift yields and narrow the market's leadership.
Oil and yields snap Wall Street's AI-led rally
Rising crude and a jump in Treasury yields jolted US equities on Friday, exposing how quickly inflation fears can force a repricing of richly valued growth stocks.
U.S. factory output rises 0.6% as autos, AI lift production
U.S. manufacturing output rose 0.6 per cent in April as motor vehicles and AI-linked demand drove production higher, but New York Fed data showed delivery times lengthening and price pressures accelerating.
Why stocks keep climbing through war, tariffs and inflation
US equities keep rising in 2026 because earnings growth, AI concentration and policy resilience still outweigh war, tariff and inflation shocks.
ERock files for IPO as revenue rises 32% on AI power demand
ERock's filing pairs rising revenue with a large contracted backlog, giving investors an early test of appetite for energy infrastructure tied to AI-era power demand.
Rackspace Technology (RXT) Q1 revenue beats; stock surges 55% on AMD AI cloud deal
Rackspace Technology shares surged 55 per cent after the cloud provider beat first-quarter revenue estimates, swung to a GAAP profit, and announced a non-binding AMD partnership to build governed enterprise AI infrastructure. Full-year guidance was reaffirmed.
