tech
Coronation Asset Management Ltd., which oversees $47 billion, has trimmed its exposure to chipmakers and increased its allocation to India, as expectations for artificial intelligence stocks have risen to levels that are nearly impossible to beat.
Michael Burry, the investor made famous in The Big Short, recommends bargain hunting in Hong Kong’s stock market after it lagged peers during the global AI rally this year.
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Investors pull back from high-flying technology shares
Kioxia dives 16% as AI stocks face deleveraging
AI could transform ASEAN manufacturing, executives say
SoftBank, Sony, Honda spearhead work on Japan AI with Nvidia chips
The company hopes its forthcoming device will be more compelling than Amazon’s Alexa, Google’s Home Speaker and Apple’s HomePod.
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America’s dominance depends on getting local communities on board.
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Story on booms heard in UAE's downtown Dubai is withdrawn Reuters
SpaceX’s fall from its post-listing peak to below its IPO price in just a month poured cold water on the market for newly public companies, dragging a key gauge of this year’s debuts down with it.