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AI bubble pops: Tech stocks plummet with another potential 25% drop, analysts warn

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Global semiconductors, after more than a year of carrying the stock market on their shoulders, are in a volatile free fall.  The rout in these...
Bussiness

Intel’s stock plunges as company cuts 15% of workforce, struggling to fund chipmaking business | CBC News

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Intel was set to erase nearly $25 billion US in stock market value on Friday in potentially its worst sell-off since 2000, after it...
Tech

Wall Street today: US stocks mixed ahead of Fed rate decision, Big Tech results | Stock Market News

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US stocks were mixed on Monday, with the tech-heavy Nasdaq and the S&P 500 rising ahead of a Federal Reserve interest rate decision and...
Bussiness

ASX 200 closes down 0.5 per cent in a widespread sell-off — as it happened

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At its most basic, the Trump Trade is taking a bet on asset classes that are likely to be given a boost by the...
Tech

Live: FMG and Domino’s down on ASX after company news, while semiconductor news rattles tech stocks

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Australia's Wilmar Sugar and Renewables is closing its eight sugar mills for up to 16 hours due to a strike on Thursday by unionised...
Tech

At midday: TSX slips as tech rout hits Wall Street

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Canada’s main stock index fell from record levels on Wednesday as a technology sector rout hit Wall Street, though gains in oil and defensive...
Bussiness

Goldman Sachs overhaul takes two steps forward, one step back

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During the second...
Bussiness

Get ready for more AI mania this earnings season

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Artificial intelligence is...
Bussiness

Live: ASX set to slip on weaker Wall Street close, supermarket reforms on the way

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Good morning and welcome to another week on the ABC markets and finance blog.Stephen Letts from ABC business team here, limbering up for a...
Bussiness

Live: Nvidia loses title as world’s most valuable company to Microsoft, UK central bank keeps rates on hold

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Good morning and happy Friday — it's June 21, and you've made it to the end of the week!If that's not enough to get...
Tech

Nvidia becomes world’s most valuable company on back of demand for AI

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In short: Nvidia has overtaken Microsoft to become the world's most valuable company in market capitalisation. The tech multinational has seen its shares nearly triple...
Bussiness

Inside Citigroup’s most mysterious business

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One of Citigroup’s...
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