Indian Shares Seen Higher As AI Selloff Deepens, Oil Prices Ease
4 Articles
4 Articles
Indian Shares Seen Higher As AI Selloff Deepens, Oil Prices Ease
Indian shares look set to open higher on Monday, with information technology stocks in the spotlight after the tech-heavy Nasdaq plunged to its lowest closing level in three months on Friday amid renewed concerns about the artificial intelligence trade.
AI Boom Faces Headwinds as Tech Shares Tumble
The anticipated celebratory week for the artificial intelligence boom instead saw a sharp downturn in tech stocks, with the Nasdaq 100 index plummeting 3.5 per cent on Friday night. This pushed the world’s key measure of tech sentiment into a The post AI Boom Faces Headwinds as Tech Shares Tumble first appeared on Sharecafe.
The sales wave that struck American technology shares to Asian emerging markets at the end of the week, after the results of the work of major technology companies raised investors ' concerns about the ability of massive spending on artificial intelligence to produce returns commensurate with the size of investments, paid for the shares of semiconductor companies in [...] the emerging markets pay for the decline of American technology share…
Investors Trim Growth Bets on Tech Stocks Amid AI Market Concerns
NEW DELHI, Nov 1: Investors have begun to trim their growth bets on US technology stocks due to increasing concerns about the sustainability of the artificial intelligence (AI) market, which has been showing signs of volatility. During a tumultuous week, the tech-heavy Nasdaq Composite index rose 2.3% through Wednesday but fell by 2.9% on Friday,
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