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Results for "Wall Street tech"

19 stories found

Asian Stock Markets Slide as Tech Shares Plummet Amid AI Concerns
BusinessBBCrzeczpospolitavg+1seeking-alpha1mo ago4 sources

Asian Stock Markets Slide as Tech Shares Plummet Amid AI Concerns

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.

OpenAI and SpaceX Eyeing Major IPOs with High Valuations
BusinessBBCbloombergNYT+36FTwapoFox NewscbccnbcnosfazDW+28 more2mo ago39 sources

OpenAI and SpaceX Eyeing Major IPOs with High Valuations

OpenAI has confidentially filed for an IPO, aiming for a valuation exceeding $850 billion, while SpaceX is also preparing for its own public offering. These anticipated IPOs are generating significant investor interest and market speculation.

South Korean Ship Attacked in Strait of Hormuz Amid Rising Tensions
WorldAPReutersBBC+134bloombergNYTwsjFTle-mondewapoThe GuardianNPR+126 more3mo ago137 sources

South Korean Ship Attacked in Strait of Hormuz Amid Rising Tensions

A South Korean-run vessel was hit by an explosion and fire in the Strait of Hormuz, prompting Seoul to confirm an attack and raising regional tensions. The incident led to the US escorting merchant ships and rejecting Iranian claims of missile strikes on its warships, while also urging China to press Iran on opening the strait.

Magnificent Seven Stocks Lose $2.3 Trillion in June
WorldFTYahoo1mo ago2 sources

Magnificent Seven Stocks Lose $2.3 Trillion in June

The 'Magnificent Seven' technology stocks collectively shed $2.3 trillion in value during June, indicating a significant shift in Wall Street's tech sector. This decline reflects a rotation in investment strategies.

European and Asian Stocks Rise as Oil Prices Ease
Businesschannel-news-asiaseeking-alpha2mo ago2 sources

European and Asian Stocks Rise as Oil Prices Ease

European stocks edged higher and Asian stocks tracked a Wall Street tech bounce, as oil prices eased amid hopes for de-escalation in the Middle East. This market movement reflects investor optimism following a reduction in oil costs.

Asian Markets Decline Following Wall Street Tech Selloff
BusinessbloombergNYTFT+17le-mondecnbcle-figaroNHK WorldvgmarketwatchThe IndependentYahoo+9 more1mo ago20 sources

Asian Markets Decline Following Wall Street Tech Selloff

Asian stock markets, particularly in South Korea and Japan, experienced significant declines as a tech selloff on Wall Street impacted investor sentiment. Shares of major chipmakers like Samsung Electronics and SK Hynix tumbled, contributing to broader market losses.

Wall Street Tech Sell-Off Canceled
Worldfaz1mo ago

Wall Street Tech Sell-Off Canceled

Despite concerns that technology stocks are expensive and overvalued, leading many to suspect a bubble, the anticipated tech sell-off on Wall Street has been called off.