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Wall Street rebounds as chip stocks rally after heavy AI-related selloff

The S&P 500 and Nasdaq closed higher, led by technology and semiconductor stocks, with the Philadelphia Semiconductor Index gaining 4.2%. All three major US indexes, however, posted weekly…

TechnologyOpen page
Article

Explainer: Why Wall Street’s sell-off is spreading to Europe and worrying Gulf investors

The latest market uncertainty comes amid growing doubts over high technology stock valuations and whether major AI investments will deliver the profits investors expect

EuropeOpen page
Article

Wall Street's AI Wipeout Shakes Asia, But India Shrugs It Off

While Wall Street's AI-led tech rout sent shockwaves across Asian markets, Indian equities remained remarkably resilient. Discover why FIIs are driving the rall

AsiaOpen page
Article

Wall Street stocks rally after heavy AI-related selloff

NEW YORK/LONDON, Nov 6 : Wall Street equities mostly rallied on Friday, reversing course after trillions of dollars of world stock market value were wiped out over fears…

BusinessOpen page
Article

Wall Street catches its breath after AI-led multi-trillion-dollar rout

US stocks showed signs of rebounding after a sharp AI-led sell-off wiped out $2.5 trillion in Nasdaq market value, while Asian markets slumped and European shares fell.

AsiaOpen page
Article

Futures Pointing To Mixed Open Following Yesterday's Sell-Off

The major U.S. index futures are currently pointing to a mixed open on Friday, with the major averages likely to move in opposite directions following yesterday's sell-off.

JobsOpen page
Article

Wonder sets the table for IPO

New York-based Wonder Group Inc. has taken its first formal step toward Wall Street, confidentially submitting a draft registration statement to the U.S. Securities and Exchange Commission for…

BusinessOpen page
Article

Global Market Crash: Nikkei Enters Bear Market, Kospi Crashes 8%; Nasdaq Correction Deepens as AI Stocks Bleed

The latest rout followed Thursday's heavy selling on Wall Street, where all three major US indices recorded their worst single-day performances since April 2025.

World NewsOpen page
Article

AI sell-off wipes out Wall Street's post-election rally; major Asian markets also plunge up to 8%

Global stock markets witnessed heavy selling as a sharp sell-off in US technology stocks wiped out Wall Street's post-election rally, with concerns over a possible slowdown in artificial…

World NewsOpen page
Article

Wipeout for AI stocks sends Wall Street reeling S P 500 tumbles more than 3

New York, Nov 5 (AP) Another wipeout for stocks tied to the buildout of AI data centres is overwhelming Wall

TechnologyOpen page
Article

US stocks tumble as Nasdaq, Dow, S&P 500 fall; chip stocks and AI data centre shares plunge

US stocks tumble as Nasdaq, Dow and S&P 500 fall, with chipmakers, AI data centre companies and major technology stocks leading Wall Street losses.

TechnologyOpen page
Article

AI chip stocks drag Wall Street toward worst day since Trump's tariff announcements in 2025

NEW YORK — S&P 500 tumbles 3 percent as AI chip stocks drag Wall Street toward its worst day since Trump's tariff announcements in 2025. More drops for…

TechnologyOpen page
Article

No accord within US administration on next steps in Iran

Disagreements over the next steps regarding Iran have intensified within the U.S. administration following the midterm congressional elections, The Wall Street Journal reported, citing sources.

Middle EastOpen page
Article

A Major Neocloud Stock Rally May Be Coming. These 3 Stocks Could Be the Biggest Winners.

The impacts of tariffs and trade wars brought neocloud stocks to a low point in 2025 before potent rallies put them back in the spotlight on Wall Street.…

BusinessOpen page

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