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Online fashion retailer Shein is reportedly targeting a company valuation of around $25 billion for its initial public offering in Hong Kong, a figure that represents a significant decrease from previous estimates.
On August 13, 2026, the S&P 500 closed at a record high and the Nasdaq surged, driven by strong performance in tech shares following favorable inflation data.
A significant drop in some tech shares has prompted discussions about the potential implications for the ongoing artificial intelligence revolution. The market downturn in the tech sector is raising concerns about future developments in AI.
South Korean stocks closed nearly 1 percent higher, driven by investor purchases of tech shares and a perceived easing of tensions in the Middle East.
Richard White, co-founder of Australia's WiseTech, has stepped down as executive chair, leading to a rise in the company's shares. His resignation comes amid an ongoing police investigation.
South Korean stocks opened slightly higher, tracking Wall Street gains as investor appetite for tech shares improved due to easing tensions in the Middle East.
SoftBank Group led a broader selloff in Asian technology stocks, experiencing an 11% drop, as investors grapple with growing concerns over the escalating costs of artificial intelligence infrastructure and the sustainability of the AI boom.
Asia's chip-dominated stock markets experienced wild swings, highlighting the global equities' heavy reliance on enthusiasm for artificial intelligence.
The stock market saw a retreat, primarily driven by a significant plunge in technology shares.
Comtech shares jumped following the sale of a portion of its Satellite & Space Communications segment for $157.5 million.
Shares in Chinese tech giants like Alibaba and JD.com dropped after regulators admonished them for misleading sales tactics during the '6.18' online shopping event.
Global stock markets experienced a downturn, with European and South Korean stocks plunging due to renewed geopolitical tensions in the Middle East and concerns over the tech sector's AI rally. Oil prices, however, saw a sharp increase following the escalation of conflict in the region.
Asian tech shares experienced a rally, with the Nikkei index climbing to a record high, despite ongoing tensions in the Middle East.
Stock futures are signaling a market rebound as dip buyers are actively acquiring technology shares. This movement suggests a potential recovery in the market.
Seoul's stock market saw gains late Tuesday morning, primarily driven by the strong performance of large-cap technology shares, according to Yonhap News Agency.
Tokyo's stock market opened higher, driven by gains in technology shares, rebounding after a period of recent declines.
BioNTech shares experienced a decline following news of its co-founders' plans to exit the company and a financial outlook that missed market forecasts.
Tokyo stocks open mixed on weak tech shares, buybacks 毎日新聞
US stocks closed sharply lower, driven by investor fears regarding AI displacement and renewed concerns over tariffs.
Equities have seen a modest rise, driven by a recovery in technology shares after a period of volatility.
Tech shares experienced a pullback, contributing to major indexes slipping and marking the third consecutive week of gains for the S&P 500 and Nasdaq.
On August 10, 2026, major stock indexes experienced a slight downturn, with tech shares facing particular pressure, while oil prices saw an increase.
South Korean stocks plummeted over 10 percent as investors sold off tech shares due to growing doubts about large-scale investments in artificial intelligence infrastructure.
China's largest memory chip maker, ChangXin Memory Technologies (CXMT), plans an $8.6 billion Shanghai IPO, causing investors to sell other tech shares to fund the anticipated listing and raising fears of a short-term liquidity squeeze, especially given past US government scrutiny.
India's HCLTech has announced a significant $1.14 billion deal with an unnamed European company to establish an AI-driven operating model, causing its shares to open 4.6% higher.
South Korean stocks fell on Monday, driven by losses in tech shares and investor caution over renewed concerns about the fragile US-Iran ceasefire and rising oil prices.
The technology sector has seen a volatile week, with some of the world's most closely watched tech stocks experiencing significant price swings. This reflects ongoing market uncertainty and shifting investor sentiment.
US stocks closed lower as a global chip sell-off hit tech shares. The S&P 500 fell 1.3%, Nasdaq dropped 2%, while the Dow finished nearly flat.
WiseTech shares experienced a significant drop following news reports that police are investigating its founder, Richard White. The probe has caused investor concern and impacted the company's stock performance.
A columnist warns that rampant enthusiasm is driving tech shares to unsustainable levels, suggesting that the current mega IPO frenzy could be a harbinger of a stock market bubble and advising caution for investors.
US technology stocks have resumed their sell-off, while global oil prices have seen a retreat from recent highs.
Oil prices surged by approximately 5% due to fresh concerns over the escalating conflict in the Middle East. The renewed hostilities have reignited market anxieties, leading to a significant jump in crude oil values.
ODDITY Tech shares have experienced a significant 30% drop after the company reported slipping into the red. The company also faces projections of further sales loss in the second quarter.
Alvotech's shares increased following the completion of the U.S. Food and Drug Administration's inspection of its manufacturing facility located in Reykjavik, Iceland.
Tokyo's stock market experienced mixed results, with some tech shares gaining while a general wait-and-see mood prevailed among investors.
MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
BioNTech shares declined following news that its cofounders plan to exit the company and after its financial outlook missed forecasts, causing the shares to fall.
The stock market closed lower, with significant declines in bank shares and technology stocks contributing to the overall downturn.
Wall Street stocks rose as investors awaited earnings from Nvidia and brushed aside comments from US President Donald Trump.
Investors are pouring record sums into European stocks, with inflows on track for an all-time high in February, as global fund managers look for alternatives to expensive US tech shares.
Equities ended with slight gains as technology shares showed signs of recovery.
Global stocks, particularly in Asia and the tech sector, are rising as tame US inflation data has eased expectations for further Federal Reserve rate hikes. This development has also led to an advance in gold prices.
South Korean stock markets experienced a significant drop of over 4% in tech shares, driven by ongoing concerns about the profitability of artificial intelligence investments. The local currency also saw a rise against the US dollar.
South Korean stocks opened sharply lower, driven by losses in tech shares following a selloff in chipmakers on Wall Street, with eased tensions in the Middle East also influencing market sentiment.
The Nasdaq stock market index dropped more than 1.5% on the 13th, primarily due to widespread selling in semiconductor-related stocks and a general decline in high-tech shares, exacerbated by rising crude oil prices.
Niamh Sweeney, the Data Protection Commissioner, has spoken about her role in regulating Meta, her former employer, addressing concerns about potential conflicts of interest and the absence of legal gags.
Asian stock markets experienced a significant downturn, with technology shares leading the slump, as concerns over artificial intelligence's impact triggered a market tremor. This slide follows losses on Wall Street and also saw Bitcoin's value decrease.
Asian stock markets experienced mixed results following a significant drop in tech stock prices on the Nasdaq, with South Korean and Japanese tech shares particularly affected.
A sudden wave of selling in major tech shares has triggered doubt over the sustainability of the AI boom, causing tech stocks to tumble.
Legend Biotech's shares experienced a slide following the pricing of its $226 million public offering at $29.35 per unit.
US stocks experienced a significant jump on June 11, 2026, with tech shares leading a rebound and the Dow Jones Industrial Average climbing 930 points.
Alvotech shares jumped after the U.S. Food and Drug Administration (FDA) accepted its Biologics License Application (BLA) for a biosimilar to Entyvio for review. This development marks a significant step for Alvotech in bringing its biosimilar to market.
South Korean stocks opened sharply lower Friday as investors took a breather following a recent rally in tech shares amid uncertainty over the U.S.-Iran peace deal.
US and Iranian officials have reportedly reached a tentative ceasefire deal, but its approval remains uncertain as it awaits a final decision from President Trump. The potential agreement has also influenced oil prices.
Tokyo's stock market saw mixed results, with the Nikkei index declining due to investors taking profits in technology shares.
Manycore Tech, a design software developer from Hangzhou, saw its shares surge 172 per cent on its trading debut in Hong Kong. The company is positioning itself at the intersection of artificial intelligence.
BioNTech's shares declined following news that its cofounders plan to exit the company and after its financial outlook missed forecasts, causing the shares to fall.
BioNTech shares fell after its co-founders announced plans to exit and the company's financial outlook missed forecasts.
Chinese technology shares are on track for their worst monthly performance since 2024, driven by recent earnings reports.
The new tariffs, initially set at 10%, are justified as a means “to deal with the large and serious United States balance-of-payments deficits,” according to a White House release on Friday (February 20)
Equities ended the trading session with minor changes as technology stocks managed to recover some of their earlier losses.