Tag: loses steam
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Global tech rout loses steam
ORLANDO, Florida, Oct 15 : The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence revolution’s buildout, although its force evaporated in European and US trading hours. Still, safe-haven inflows meant US Treasuries had one of th
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SpaceX shares tumble as post-IPO frenzy loses steam
June 18 : Shares of Elon Musk’s rockets-to-AI firm SpaceX dropped nearly 9 per cent on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out. Its shares were last down 8.8 per cent to $174.8, after falling nearly 5 per cent…
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