Tag: stocks slide
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Tech stocks slide on AI slowdown talks
Sept 14 : Anthropic CEO Dario Amodei called on AI companies to slow the pace at which they develop the technology, the latest in a series of warnings highlighting growing concerns across the tech industry over the safety of AI.Stocks from Asia to New York sank on the news, with tech-heavy equity markets inclu
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Oil tops $100, stocks slide as Middle East tensions escalate
Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday, as escalating conflict in the Middle East fuelled worries about energy-driven inflation and sent global stocks tumbling ahead of several major central bank decisions.Brent crude futures rose as much as 3 per cent to a session high of $100.95
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Stocks slide, bond rout deepens as US and Iran trade attacks
Sept 2 : World stocks fell on Wednesday as fresh U.S. airstrikes on Iran pushed oil prices to five-week highs, stoking inflation concerns and extending a global bond selloff.The U.S. struck Iranian military targets near the Strait of Hormuz, while Tehran said it had targeted U.S. assets across the region, mar
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Stocks slide, yields elevated as Mideast conflict fears grow
Aug 18 : U.S. government bond yields eased slightly on Tuesday, though longer-dated yields remained near multi-year highs after the 30-year Treasury yield earlier touched a level not seen since 2007. The move came as fears of an escalating Middle East conflict stoked inflation worries and weighed on stocks.Oi
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South Korean chip stocks slide after overnight US selloff on AI boom concerns
SEOUL, July 8 : Shares of South Korean memory chipmakers Samsung Electronics and SK Hynix fell as much as 4.4 per cent and 5 per cent, respectively, in early morning trade on Wednesday, tracking a broad selloff in U.S. semiconductor stocks after investors grew increasingly concerned about the sustainability of the A
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