Amazon shares slide as US$200 billion outlay fans fears over AI returns
Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pace Amazon.com shares slid 9 per cent on Friday (Feb 6) after the company…
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Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pace Amazon.com shares slid 9 per cent on Friday (Feb 6) after the company…
He says the worries are misguided, and that AI will rely on existing software rather than rebuild basic tools from scratch [BENGALURU/SINGAPORE] Nvidia chief executive officer…
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Oil prices steadied on Monday as civil unrest in Iran subsided, reducing the likelihood of a US attack that could disrupt supplies from the major producer, while market-watchers turned…
The resigning officials, then, were not merely objecting to a particular judgment call. In effect, they were saying that if the Criminal Section does not have jurisdiction over a case like…
Josh Safdie’s “Marty Supreme,” now in theaters, is filled with ‘80s bangers, including Tears for Fears’ “Everybody Wants to Rule the World” and Peter Gabriel’s “I Have the Touch.” But…
ASIAN markets rallied on Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while worries over AI spending also subsided. Investors…
ASIAN markets rose on Friday as a below-forecast read on US inflation boosted hopes for another interest rate cut next month, while blockbuster earnings from chip firm Micron helped soothe…
ASIAN markets sank on Thursday after another sell-off on Wall Street as worries over the tech sector’s colossal spending on artificial intelligence continued to dog investor sentiment.…
Gen Z is never beating the “unemployable” allegations. For Gen Z, a growing confidence crisis means common workplace interactions are now a major source of anxiety. Working with unfamiliar…
Tech firms have been at the forefront of a global surge in equity markets for the past two years Asian markets dropped on Monday (Dec 15) as concerns about the AI-fuelled tech rally…
Other companies that have benefited from AI bets but went into reverse on Friday included SanDisk The S&P 500 and the Nasdaq closed down more than 1 per cent on Friday (Dec 12) with…
The gaming pioneer faces rising memory costs, which threaten to impair margins for its Switch 2 console Nintendo’s shares fell as much as 4.7 per cent on Wednesday (Dec 10) to their lowest…
Mixed nuts are a common staple in many houses around the Christmas holidays. Their saltiness is a nice contrast to all the sweet festive treats that our kitchens fill up with at this time…
Across the broader market, decliners edge out gainers 259 to 256 after 1.6 billion securities worth S$1.3 billion change hands The Republic’s benchmark index closed lower on Thursday (Dec…
Beijing has been on a so-called anti-involution drive this year, aiming to curb destructive competition across industries Investor hype over Chinese robotics stocks is giving way to…
Shoppers are more likely to buy American-made products than last season, a top U.S. manufacturing group says, pointing to President Trump's tariffs and patriotic fervor as the main…
SPOILER ALERT: This story contains spoilers from Season 1, Episode 5 of “It: Welcome to Derry,” now streaming on HBO Max. Pennywise the Clown feeds on fear, and children are his entree of…
Thursday, November 20, ended up being a bit of a whirlwind for tech investors. The day started off on a positive note, with Nvidia’s shares (Nasdaq: NVDA) rising almost 5% thanks to a…
ASIA’S tech-heavy markets slumped as sell-offs in sector leaders resumed on mounting concerns over stretched artificial intelligence (AI)-related valuations. South Korea’s Kospi index fell…
The Japanese currency has fallen this week to its lowest level against the US dollar since January Tech firms led more steep losses across Asian markets on Friday (Nov 21) as investors…
The company’s results have become a barometer for the health of the AI industry Nvidia Corp, the world’s most valuable company, gave a strong revenue forecast for the current period,…
Indonesia is now the only South-east Asian market seeing net foreign bond outflows this year Global funds have turned net sellers of Indonesian government bonds this year, as lingering…
ASIAN investors battled on Wednesday to kickstart a recovery in equities following the latest stagger across world markets that has been caused by worries over an AI-fuelled bubble and…