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Nasdaq rebounds as chips stocks recover from steep losses

Nasdaq rebounds as chips stocks recover from steep losses

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike

Nasdaq rebounds as chip stocks recover from steep losses

Nasdaq rebounds as chip stocks recover from steep losses

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democrats-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike concerns

Wall St slumps as sharp tech losses put Nasdaq on course for correction

Wall St slumps as sharp tech losses put Nasdaq on course for correction

By Shashwat Chauhan and Utkarsh Hathi Nov 5 (Reuters) - US stocks dropped sharply on Thursday, with the Nasdaq poised to confirm correction territory as steep losses in chip and data center-related stocks weighed a day after the Democrats' sweeping midterm election victory powered a broad-based

Nasdaq futures rise after steep AI selloff as chip stocks stabilize

Nasdaq futures rise after steep AI selloff as chip stocks stabilize

Nov 6 (Reuters) - Nasdaq futures climbed on Friday as chip stocks gained ground after a technology-led rout wiped nearly $3 trillion off the market value for S&P 500 companies on fears that Democratic control of the US Congress could lead to tougher AI regulation.

Nasdaq rebounds but posts fourth straight weekly decline

Nasdaq rebounds but posts fourth straight weekly decline

By Colin Barr and Shashwat Chauhan Nov 6 (Reuters) - Technology stocks bounced back on Friday from their worst drubbing in more than a year, but the Nasdaq Composite Index posted a fourth consecutive weekly decline as investors sifted for clues about what comes next in the AI trade.

Nasdaq posts biggest daily drop in 19 months on fears of AI regulations

Nasdaq posts biggest daily drop in 19 months on fears of AI regulations

By Noel Randewich and Utkarsh Hathi Nov 5 (Reuters) - The Nasdaq Composite ended sharply lower on Thursday, notching its deepest one-day drop in 19 months and confirming it was in a correction, as chipmakers sank on fears of tougher AI regulation after Democrats won control of the US Congress.

Wall Street stocks rally after heavy AI-related selloff

Wall Street stocks rally after heavy AI-related selloff

By Chibuike Oguh and Marc Jones NEW YORK/LONDON, Nov 6 (Reuters) - Wall Street equities mostly rallied on Friday, reversing course after trillions of dollars of world stock market value were wiped out over fears that Democratic election victories this week would bring tighter US regulations for the

Wall Street stocks in relief rally after heavy AI-related selloff

Wall Street stocks in relief rally after heavy AI-related selloff

By Chibuike Oguh and Marc Jones NEW YORK/LONDON, Nov 6 (Reuters) - Wall Street equities mostly rallied on Friday, reversing course after trillions of dollars of world stock market value was wiped out over fears that Democratic election victories this week would bring tighter US regulations for the

AI, data-center stocks slump as Democratic sweep clouds expansion plans

AI, data-center stocks slump as Democratic sweep clouds expansion plans

By Niket Nishant Nov 5 (Reuters) - AI and data center-linked stocks tumbled on Thursday as Democrats' sweeping US midterm victory fueled concerns about potential hurdles to the industry's rapid expansion.

Deep chip selloff drags global stocks lower on AI spending concerns

Deep chip selloff drags global stocks lower on AI spending concerns

By Chibuike Oguh NEW YORK, Nov 5 (Reuters) - Global stocks fell sharply on Thursday, weighed down by a deep selloff in semiconductor shares after weak earnings from Qualcomm and concerns that a Democrat-controlled US Congress could slow investment in artificial intelligence infrastructure.

Gathering AI storm clouds doom tech stocks to darkest day in a year

Gathering AI storm clouds doom tech stocks to darkest day in a year

By Niket Nishant and Caroline Valetkevitch Nov 5 (Reuters) - Big tech stocks slumped Thursday, putting them on track for their biggest decline since the "Liberation Day" rout last year, the most significant shakeout yet in what has been a punishing autumn for the AI trade.

Nasdaq 100 eyes $1.8 trillion loss as Democratic win sparks AI delay fears

Nasdaq 100 eyes $1.8 trillion loss as Democratic win sparks AI delay fears

By Niket Nishant Nov 5 (Reuters) - The Nasdaq 100 index was set to lose a whopping $1.8 trillion in stock value on Thursday as investors feared that the sweeping midterm victory of Democrats could stall the pace of AI infrastructure expansion.