Tag: stocks
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Chip stock pullback sparks worries about AI rally strength, leveraged trades
July 17 : A brutal week for chip stocks — the same names that fueled this year’s blistering market rally — has left investors from Seoul to Silicon Valley asking whether the AI boom became over-leveraged and got ahead of itself.Investors from Asia to Europe pulled back from AI-exposed stocks and so-called
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Wall St ends lower for the day and week as chip selloff broadens
“It’s like the market has chip fatigue,” said Ryan Detrick, chief market strategist at Carson Group, as chip stocks faced continued pressure.
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Analysis:Among AI crowd, some investors position for slower hyperscaler spending growth
MILAN, July 17 : The parabolic rally in AI chipmakers has run into turbulence amid concern about valuations and the sustainability of their bumper revenues, with some investors quietly positioning for a slowdown in the near-trillion dollar spending boom that could provide a boon to the hyperscalers footing the bill.
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Stocks drop on tech sell-off, oil yo-yos on Mideast
NEW YORK: Major stock markets mostly retreated Thursday (Jul 16) as semiconductor shares extended falls, while oil prices wobbled as the United States and Iran exchanged fresh strikes
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US stocks gain after reassuring inflation data, tech giants advance
“The market was comforted today by the market-friendly PPI report,” said analyst Patrick O’Hare.
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SK Hynix shares surge 13% on AI hopes as US tech stocks resume their climb
SEOUL, July 15 : Shares in SK Hynix jumped nearly 13 per cent in Seoul on Wednesday, tracking gains in U.S. tech stocks after softer-than-expected U.S. inflation data, while upbeat analyst views on the outlook for AI memory demand also supported sentiment.The rally lifted other South Korean semiconductor stoc
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Nasdaq rebounds as cooling US inflation weighs on dollar
JPMorgan CEO Jamie Dimon said the US economy has “demonstrated notable resiliency” despite inflation and higher oil prices.
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Oil prices spike on fresh US-Iran attacks, tech hammers on stocks again
Seoul led losses in most Asian stocks, dragged down by market heavyweight SK hynix’s plunge of more than 15 per cent.
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Oil prices spike on fresh US-Iran attacks, tech weighs on stocks again
Seoul led losses in most Asian stocks, dragged down by market heavyweight SK hynix’s 10 per cent plunge.
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South Korean chip giant SK hynix surges on first day of trading on Wall Street
SK hynix’s NASDAQ listing raised US$26.5 billion, making it one of the largest stock sales in history.
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