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Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks

Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks

Nov 9 (Reuters) - Wall Street brokerages including Morgan Stanley and UBS called last week's rout in the AI trade overdone, arguing that the risks of extreme regulation of data center developments under a Democrat-controlled Congress are unlikely to play out.
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HSBC Establishes Major AI and Emerging Technologies Research Institute in Hong Kong

HSBC Establishes Major AI and Emerging Technologies Research Institute in Hong Kong

HSBC Establishes Major AI and Emerging Technologies Research Institute in Hong Kong
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Broadcom Stock Experiences Significant Decline Amidst Broader Chip Sector Downturn

Broadcom Stock Experiences Significant Decline Amidst Broader Chip Sector Downturn

Broadcom Stock Experiences Significant Decline Amidst Broader Chip Sector Downturn
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Manulife Financial Reports 6% Q3 Core EPS Increase Driven by Asia and North American Insurance Growth

Manulife Financial Reports 6% Q3 Core EPS Increase Driven by Asia and North American Insurance Growth

Manulife Financial Reports 6% Q3 Core EPS Increase Driven by Asia and North American Insurance Growth
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JPMorgan U.S. Momentum Factor ETF (JMOM) Targets $90 Milestone Amid Technology Concentration

JPMorgan U.S. Momentum Factor ETF (JMOM) Targets $90 Milestone Amid Technology Concentration

JPMorgan U.S. Momentum Factor ETF (JMOM) Targets $90 Milestone Amid Technology Concentration
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Singapore Business Federation Leads Delegation to China International Import Expo, Boosting Bilateral Trade

Singapore Business Federation Leads Delegation to China International Import Expo, Boosting Bilateral Trade

Singapore Business Federation Leads Delegation to China International Import Expo, Boosting Bilateral Trade
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China and Hong Kong Stocks Decline Amid Global Tech Selloff and AI Concerns

China and Hong Kong Stocks Decline Amid Global Tech Selloff and AI Concerns

China and Hong Kong Stocks Decline Amid Global Tech Selloff and AI Concerns
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Broadcom Poised for Significant Growth in November Driven by AI Semiconductor Demand

Broadcom Poised for Significant Growth in November Driven by AI Semiconductor Demand

Broadcom Poised for Significant Growth in November Driven by AI Semiconductor Demand
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Broadcom Shares Decline Amidst Broader Chip Stock Downturn and Data Center Concerns

Broadcom Shares Decline Amidst Broader Chip Stock Downturn and Data Center Concerns

Broadcom Shares Decline Amidst Broader Chip Stock Downturn and Data Center Concerns
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Citigroup Increases Stakes in Tesla, Lucid, and Rivian While Reducing Holdings in XPeng and General Motors

Citigroup Increases Stakes in Tesla, Lucid, and Rivian While Reducing Holdings in XPeng and General Motors

Citigroup Increases Stakes in Tesla, Lucid, and Rivian While Reducing Holdings in XPeng and General Motors
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Revolut Achieves US$115 Billion Valuation, Posing Global Challenge to Traditional Banks

Revolut Achieves US$115 Billion Valuation, Posing Global Challenge to Traditional Banks

Revolut Achieves US$115 Billion Valuation, Posing Global Challenge to Traditional Banks
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Deutsche Bank Reports Record Equity Fund Inflows Amid Sharp Positioning Decline

Deutsche Bank Reports Record Equity Fund Inflows Amid Sharp Positioning Decline

Deutsche Bank Reports Record Equity Fund Inflows Amid Sharp Positioning Decline