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Who are the winners and losers in the financial calculations of the FIFA World Cup tournament?

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18 Hrs
Who are the winners and losers in the financial calculations of the FIFA World Cup tournament?

Meta's shares reduce losses after $10 billion deal with Anthropic

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Meta's shares reduce losses after $10 billion deal with Anthropic

American stock funds face outflows amid decline in the chip sector

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American stock funds face outflows amid decline in the chip sector

Inflation Weakens Trump’s Popularity and Reduces Support for the Iran War

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Inflation Weakens Trump’s Popularity and Reduces Support for the Iran War

Has the nationalization of British Steel sparked a new economic confrontation between London and Beijing?

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23 Hrs
Has the nationalization of British Steel sparked a new economic confrontation between London and Beijing?
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Wall Street declines amid fears over artificial intelligence and falling technology stocks

Wall Street declines amid fears over artificial intelligence and falling technology stocks

Investor concerns about the sustainability of spending on artificial intelligence technologies have risen, leading to a significant decline in the U.S. stock market. The Nasdaq indices dropped by 1.8%, the Dow Jones by about 1%, and the S&P 500 by 1.2%. Chip stocks experienced a retreat, with substantial losses in semiconductor funds, which fell by more than 3%. Additionally, the Chinese company Moonshot AI's announcement regarding the development of an AI model that narrows the gap with American models increased pressure on the markets. Investors are now questioning how sustainable the AI spending boom is, amidst fears of a recurring cycle of boom and bust in this sector.

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