Asian shares are trading mixed, as the enthusiasm over AI and other technology stocks gradually faded, braking Wall Street’s record-setting run.
Stocks stumbled Tuesday, with tech stocks taking a relatively bigger hit, after the latest inflation report came in hotter than expected. The Dow was flat, while the S&P 500 was down 0.4%. The ...
US tech stocks slid after artificial intelligence company OpenAI had missed internal targets, raising broader concerns about the sustainability of the AI boom.
The U.S. stock market gave back more of its record-setting rally. The S&P 500 fell 0.7% Tuesday for its third straight loss since setting its latest all-time high.
Asian markets fell Friday, tracking overnight declines on Wall Street as a selloff in big tech stocks deepened amid concerns over valuations and persistent uncertainty surrounding tariffs and U.S.
A Wall Street Journal report indicates that the ChatGPT maker missed financial targets Oracle's Larry Ellison, SoftBank's CEO Masayoshi Son and OpenAI's Sam Altman at the White House in January 2025.
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