Apple and Microsoft hike prices due to memory: is AI becoming an inflation machine?
The artificial intelligence boom has long been pitched as a transformative force that would boost productivity and eventually lower costs across the economy.
Business
Business
Why China’s top money managers believe the AI bubble is about to pop
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global
Economy
VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal
The Vanguard S&P 500 ETF (VOO) stock has pulled back in the past seven consecutive days and is hovering at its lowest level
Economy
Dow falls 200 points as tech selloff deepens and chip stocks extend retreat
US stocks opened lower on Friday as investors continued to rotate out of technology stocks, with chipmakers facing renewed selling pressure despite strong
Economy
Micron shares fall after AI-fuelled rally despite blowout earnings
Micron Technology’s MU shares fell sharply on Friday, giving up part of the gains recorded earlier in the week despite the memory chipmaker
Economy
Why is Jito price rising and how high can it climb?
Jito (JTO) extended its recent rally after recording another strong trading session, with the token climbing nearly 12% in 24 hours to trade
Economy
From SpaceX to Apple: how the tech-led AI rally suffered many blows this week and why
A bruising week for technology stocks has raised fresh questions about whether the artificial intelligence-fuelled market rally is becoming too volatile for comfort.
Economy
Why did ON Semiconductor stock plunge 21% after its $7B Synaptics acquisition?
ON Semiconductor shares plunged about 21% on Friday after the chipmaker announced a $7 billion acquisition of Synaptics, a deal aimed at strengthening
Economy
Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?
Figma’s stock price has imploded since its initial public offering (IPO) last year as the exuberance that fueled its private-market valuation collided with
Economy
US consumer sentiment improves as gasoline prices ease but sentiment remains subdued
US consumer sentiment improved in June from near-record lows as declining gasoline prices and easing geopolitical tensions provided some relief to households still