Tech stocks have seen a massive selloff this year, but it’s not all gloom and doom. Goldman Sachs names four favorites it says are set to outperform.
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Goldman says buy these tech stocks to beat the turbulence — and gives one 80% upside
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Nvidia’s set to regain some China access. But it still faces eroding AI chip market share
Photo illustration of Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images Nvidia‘s H20 chips are likely to return to China, but tech experts don’t expect them to be met with the same fanfare in the market in light of new competition and regulatory scrutiny. The Trump administration last month gave Nvidia assurances […]
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India’s IT layoffs spark fears that AI is hurting jobs in a sector critical to its economy
Avishek Das | Sopa Images | Lightrocket | Getty Images India’s IT sector is facing job cuts, and analysts are wary about what the impact of artificial intelligence might mean for an industry critical to the country’s broader economy. The country’s largest private sector employer, Tata Consultancy Services, which employs over half a million IT […]
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European markets look set to start the week positively; oil prices in focus after OPEC+ output hike
What to keep an eye on today An electronic board displays exchange rate information at a currency exchange bureau in Istanbul, Turkey, on Aug. 29, 2022. Nicole Tung | Bloomberg | Getty Images The second-quarter earnings season is starting to ease, with no major corporate reports Monday. On the data front, traders will be keeping […]
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