A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade. After an explosive run-up in…
The Dow Jones Industrial Average and the broader US stock market closed lower on Friday as investors continued rotating out of technology and semiconductor stocks while shifting into more defensive…
Shares of Quantum Cyber (NASDAQ: QUCY) surged 24% on Friday after the company announced that its board had approved pursuing the acquisition of an equity stake in SpaceX (NASDAQ: SPCX).…
A bruising week for technology stocks has raised fresh questions about whether the artificial intelligence-fuelled market rally is becoming too volatile for comfort. A selloff that began on Monday gathered…
Advanced Micro Devices (NASDAQ: AMD) stock has surged more than 130% this year, but Wall Street is still chasing the stock higher. In June alone, Barclays, UBS, Mizuho and Bernstein…
