JPMorgan shares pop following the financial institution can take above the embattled Initial Republic. This is what the experts have to say
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SoftBank shares plunge 10% as Asian AI-linked stocks slide on valuation jitters
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Shares of Asian AI-linked companies and tech firms fell Wednesday, tracking declines in U.S. peers, as investors turned wary of stretched valuations in the market’s […]
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CNBC Daily Open: Beware the tunnel vision on AI stocks
Yusuf Mehdi, executive vice president and consumer chief marketing officer at Microsoft, speaks at a company briefing in Redmond, Wash., on May 20, 2024. Microsoft unveiled a new category of PC that features generative artificial intelligence tools built into Windows, the company’s world-leading operating system. Jason Redmond | AFP | Getty Images The euphoria around […]
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Asia-Pacific markets fall, tracking Wall Street declines on AI valuation concerns
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia Pacific markets fell Wednesday, mirroring losses on Wall Street, which was pressured by declines in artificial intelligence-related names like Palantir. Australia’s S&P/ASX 200 started the day down 0.19%. Japan’s […]
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