Tag: AI Investment
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Investors Pull £3.6bn From Shares as Tax Rises Loom and AI Hype Grows
Introduction: The scale of the pullback Global and domestic markets have seen a notable retreat from UK equities as investors weigh the potential impact of tax policy shifts and the as-yet-unfolding AI investment story. Data from Calastone, a settlement and transaction network, shows about £3.6 billion has been withdrawn from share trading, signaling a cautious…
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Rightmove Falls Over AI Fear: Investors Wipe £1bn+ as Race Heats Up
Rightmove’s AI Bet Sparks Sharp Stock Pullback Rightmove, the dominant online property portal in the UK, faced a dramatic market reaction after outlining plans to invest heavily in artificial intelligence. The stock tumbled as much as 27.6% to the FTSE 100’s lower reaches, wiping more than £1bn in market value and unsettling investors who weigh…
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Rightmove Slumps as £1bn Wiped Out Over AI Investment Fears
Overview: A Market Spark That Shook the FTSE 100 The UK’s largest online property portal, Rightmove, found itself at the center of a market sell-off after it signaled a bold and costly leap into artificial intelligence. Investors reacted with trepidation as the company warned that its heavy investment in AI would weigh on near-term profits,…
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AI Stocks Lift Asia-Pacific Markets as Pony.ai Debut Shines in Hong Kong
Asia-Pacific Markets Rally on AI-Driven Momentum Asia-Pacific equities rose on Thursday, tracking gains on Wall Street after semiconductor and AI stock optimism boosted sentiment. The catalyst: stronger-than-expected earnings from AMD that underscored the resilience of artificial intelligence-driven demand. Investors also focused on major corporate moves in the region, including the debut activity by Pony.ai in…
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AI Bubble Bets: Michael Burry Bets $1B on Nvidia & Palantir
Michael Burry Makes a $1 Billion Bet Against AI Stocks Legendary investor Michael Burry, famous for predicting the subprime crisis and portrayed by Christian Bale in The Big Short, has placed a bold wager against major AI-adjacent stocks. Reports indicate he has taken a position valuing roughly $1.1 billion, betting on declines in Nvidia and…
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Singapore Q3 GDP Beats; 2026 Growth Expected to Slow Down
Singapore Q3 GDP Beats Expectations as Growth Slows to a More Moderate Pace Singapore’s economy defied expectations in the third quarter, expanding 2.9% year-on-year, according to the Ministry of Trade and Industry (MTI). The result topped economists’ forecasts of about 1.9% growth and followed a revised 4.5% expansion in the April-June period. On a seasonally…
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A tangled web of AI deals fans fears of a Silicon Valley bubble
Overview: The AI bubble debate lands in Silicon Valley The dialogue around the AI sector’s meteoric rise has shifted from triumph to consternation. As major players assemble vast coalitions of capital, critics question whether the valuation of AI startups and open-source models reflects real earnings potential or a wave of financial engineering. At the center…
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Hong Kong Stocks Start October Rally as Hang Seng Tech Jumps Over 3%
Hong Kong stocks kick off October with broad gains Hong Kong’s equity market opened October on a strong note, with all three major indices rising on the first trading day. The Hang Seng Index climbed 1.61% to push past 27,000, while the Hang Seng Tech Index surged 3.54% to 6,682.86, striking a fresh four-year high…
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Hong Kong Stocks Open October Rally as Hang Seng Tech Surges to Four-Year High
Market snapshot: HK equities spark October with broad gains Hong Kong shares kicked off October with a broad rally, driven by strength in technology, semiconductors and gold miners. On the first trading day of the month, the Hang Seng Index rose 1.61% to clear the 27,000-point threshold, while the Hang Seng Tech Index jumped 3.54%…
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Hong Kong Stocks Open October Rally as Tech Index Hits Four-Year High
A strong start to October sent Hong Kong stocks higher, with the Hang Seng index clearing 27,000 and the Hang Seng Tech Index climbing to fresh multi-year highs. On the first trading day of October, the benchmark Hang Seng rose 1.61% to surpass the 27,000 level, while the Hang Seng Tech Index jumped 3.54% to…