Nearly $240bn has been wiped off Amazon’s value as investors grow anxious over the eye-watering sums Wall Street is pouring into AI. Shares in the e-commerce giant plunged 10% at
Markets look to recover as Wall Street eyes bounce after sell-off
US stock indexes were set to open higher after a bruising sell-off in technology shares, though Amazon fell 7.5% in premarket trading after signalling a sharp increase in AI-related spending.
Wall Street is poised to recover following the DeepSeek sell-off.
US stock markets are set to open higher following significant losses on Monday, when investor concerns were triggered by DeepSeek, a low-cost Chinese artificial intelligence model.
Wall Street rebounds, closing the week on a positive note after a turbulent period.
US stocks are climbing this afternoon to recover some of their losses from what has been one of the toughest weeks in the market this year.
Wall Street retreats from record highs following inflation report.
US stocks have pulled back from record highs this afternoon following reports indicating weaker-than-expected progress on inflation and an increase in unemployment benefit claims.
Wall Street raises UK forecasts following ‘exceptional’ growth
Britain’s economy has received an upgrade from Wall Street after official figures revealed another quarter of strong growth.
Global stocks are surging amid expectations that the US will avoid a recession.
Global stocks surged after US retail sales data suggested the world’s largest economy is not heading toward a recession.
Wall Street stocks plummet as recession fears spark a global sell-off.
Wall Street stocks tumbled at the opening bell amid growing fears of an impending US recession.
Tech-heavy Nasdaq sinks in ‘old-fashioned correction’ head for the life boats
Concerns over tech earnings and a slowing US economy hit the Nasdaq Composite index on Friday, putting it on course for a 10% decline from its early July record high,
Wall Street set for a steep decline at market open
US stock markets are set to fall sharply at the opening bell amid fears that higher interest rates in the US will trigger an economic slowdown.