Overbought Nifty May Find Fresh Fuel as AI Stocks Tumble Globally
A bigger test for the benchmark could come around 24,800.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
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Investors wipe $2.5 trillion off Nasdaq as Democrats win prompts AI fears
The Nasdaq Composite fell 5.5 percent on investor fears that the Democratic Party's sweeping midterm victory could stall AI infrastructure expansion and force a reckoning for smaller firms whose…
John Woods Sees AI Selloff as Positioning-Driven
John Woods says the sharp pullback in AI-exposed stocks is a positioning-driven correction rather than a sign of deteriorating market fundamentals. (Source: Bloomberg)
Uber shares one number to tell everyone, how 'unpopular' AI Agents may be on its platform
Tech companies have heavily invested in the development of autonomous AI agents for everyday tasks. However, Uber's recent earnings report revealed very few AI-hailed rides during a busy week.
Seoul stocks sharply down late Fri. morning on AI rout
SEOUL, Nov. 6 (Yonhap) -- Seoul stocks were trading sharply lower late Friday mo...
Singapore authorities urge strict limits on AI agent autonomy, access to personal accounts
Personal AI agents can take actions on users’ behalf, such as browsing websites, managing emails and making bookings.
- Singapore advises strict limits on AI agent autonomy
- Five precautionary steps provided to ensure safe usage
- Users warned against granting access to sensitive accounts
Post-US midterms AI worries pummel shares in Japan, South Korea
Japanese and South Korean shares plunged on Friday after US shares tumbled overnight on worries that midterm election results could slow or derail the artificial intelligence data centre investment…