Stock markets

Auto Added by WPeMatico

AI-linked stocks fall after tech bosses call for slowdown in ‘reckless’ development

ai, AI (Artificial Intelligence), Artificial Intelligence, Asia Pacific, Business, Computing, Datacentres, Stock Market, Stock markets, Technology, Technology sector, World news

Shares in tech firms tumble across Asia with Nasdaq also likely to dip later after Anthropic, OpenAI and SpaceX leaders back callBusiness news – live updatesAI-linked stocks tumbled on Monday after the bosses of Anthropic, OpenAI and SpaceX called for a slowdown in “reckless” development citing fears the technology could soon run out of control.Shares […]

AI-linked stocks fall after tech bosses call for slowdown in ‘reckless’ development Read More »

AI-linked stocks fall after call for development slowdown worries investors – business live

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Economics, FTSE, Stock Market, Stock markets

Rolling coverage of the latest economic and financial newsAI CEOs say they need to slow the pace of development. But will they?The Guardian view on controlling AI: humanity cannot outsource its survivalThe Financial Times are reporting that Anthropic has told its backers it will be profitable this quarter.This might allay investor concerns about the aggressive

AI-linked stocks fall after call for development slowdown worries investors – business live Read More »

Advanced AI threatens global financial stability, says Bank of England boss

ai, AI (Artificial Intelligence), Andrew Bailey, Artificial Intelligence, Bonds, Business, Computing, Cybercrime, Cyberwar, Economics, financial sector, G20, Global economy, Hacking, Internet, Regulators, Stock markets, Technology, World news

Andrew Bailey warns G20 members about risk of cyber-disruption spreading ‘across jurisdictions’The Bank of England’s governor, Andrew Bailey, has joined the throng of figures warning about the global risks posed by the most advanced artificial intelligence technology.In a two-page letter sent to international finance ministers and central bank governors as part of his role as

Advanced AI threatens global financial stability, says Bank of England boss Read More »

Shares in humanoid robot firm Unitree surge 600% on Chinese stock market debut

ai, AI (Artificial Intelligence), Artificial Intelligence, Asia Pacific, Business, china, ipos, Robots, Stock Market, Stock markets, Technology, Technology sector

Company’s robots have gained global fame via videos of them performing martial arts and as dancers for pop starsUnitree, the world’s biggest humanoid robot maker, has made a spectacular entry on to China’s stock market, with its shares surging by more than 600%.The Chinese company’s robots have gained global fame via viral videos of them

Shares in humanoid robot firm Unitree surge 600% on Chinese stock market debut Read More »

US stock market hits record highs as AI profits pile and oil prices ease

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, datacenters, Stock Market, Stock markets, Technology, US economy, US news

S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months agoThe US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased.The S&P 500 shot up 1.8%, and the main measure of Wall Street’s

US stock market hits record highs as AI profits pile and oil prices ease Read More »

Stock market turmoil sheds stark light on the opaque AI economy

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, china, nvidia, Stock Market, Stock markets, Technology, UK news, US news, World news

Investors scramble to make sense of a shock Chinese challenge to the dominance of western chipmakersEven for the rollercoaster world of AI, last week was particularly volatile as investors scrambled to keep up with developments that threatened the dominance of the largest western chipmakers.It began with a double whammy. On Monday, the Chinese memory chipmaker

Stock market turmoil sheds stark light on the opaque AI economy Read More »

Shares in Asian chip firms plunge further as AI sell-off continues

ai, AI (Artificial Intelligence), Artificial Intelligence, Asia Pacific, Business, Commodities, Manufacturing sector, Nikkei, Oil, Stock markets, Technology, Technology sector, World news

Drop comes after South Korean company SK Hynix’s results undershot investors’ expectationsBusiness live – latest updatesShares in companies linked to AI have plunged further after disappointing results from the South Korean chipmaker SK Hynix, sending the country’s stock market tumbling for the second day in a row.Seoul’s Kospi index, which is dominated by semiconductor manufacturers,

Shares in Asian chip firms plunge further as AI sell-off continues Read More »

Apple becomes second ever $5tn company as investors flee AI stocks

ai, AI (Artificial Intelligence), Apple, Artificial Intelligence, Business, Computing, Stock Market, Stock markets, Technology, US news, World news

Share price rally driven by strong product demand as well as decision to sit out AI spending race, amid wider tech sell-offApple has become only the second company to pass the $5tn valuation mark, as it benefited from investors fleeing AI and semiconductor stocks amid a wider tech sell-off.The iPhone maker’s shares hit a session

Apple becomes second ever $5tn company as investors flee AI stocks Read More »

AI sell-off intensifies as investors ditch chip stocks

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, nvidia, Stock Market, Stock markets, Technology, UK news, US news, World news

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competitionBusiness live – latest updatesThe sell-off in AI stocks has intensified, driving South Korea’s stock market down to its lowest level in three months.Investors continued to ditch chip stocks on Tuesday, amid rising concerns about the huge amount

AI sell-off intensifies as investors ditch chip stocks Read More »

South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing

ai, AI (Artificial Intelligence), Artificial Intelligence, Asia Pacific, Computing, Nasdaq, South Korea, Stock markets

SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the world’s

South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing Read More »