SoftBank Slides as Foreign Investors Exit Korean Tech
SoftBank Group fell more than 6 percent in Tokyo trading on Monday, one of the biggest declines among Asia’s technology stocks as a global selloff in AI names rolled through…
Chip Stocks Rebound After the Worst Selloff in a Year
Three sessions, three markets, one U-turn. Friday, the Nasdaq Composite fell 4.18 percent, its worst single day since April 2025. Monday morning, Seoul’s KOSPI index opened down more than 8…
Marvell to Join S&P 500 After AI-Driven Rally
S&P Global said Marvell Technology will join the S&P 500 index on June 22, replacing Pool Corp and Campbell’s, and the announcement turned a stock that had already been one…
Amazon Pays Corning Billions for Fiber in AI Buildout
Amazon has agreed to pay Corning billions of dollars for optical fiber to connect its U.S. data centers, the latest and largest sign that the AI buildout has moved beyond…
AI Lifts Self-Made Women Billionaires to a Record
The Forbes list of America’s richest self-made women has 43 names on it this year, the most in the ranking’s history, and the biggest move belongs to a woman whose…
Dalio Warns U.S. Debt Has Passed the Point of No Return
Ray Dalio brought a chart to the Forbes summit, and the chart made his argument better than his words could. U.S. federal debt has passed $42 trillion, the annual interest…
Buffett and Li Ka-shing Keep Moving to Cash
Two of the world’s most patient investors, aged 95 and 97, are moving in the same direction, and neither is buying. Warren Buffett’s Berkshire Hathaway has now sold stock for…
Global Selloff Deepens as AI Trade Unwinds
The selloff that began with an earnings call in Santa Clara ended three days later with a circuit breaker in Seoul. Monday morning, the Korea Composite Stock Price Index opened…
Anthropic’s IPO Push and the Non-Proliferation Pitch
The essay arrived weeks before a listing expected to value Anthropic at $965 billion, and it read like a treaty proposal for the age of artificial intelligence. Anthropic published a…
U.S. Companies Begin Paying DeepSeek Directly
The quarterly report Ramp publishes to show which software tools are winning corporate budgets carried a first on Monday. DeepSeek, the Chinese AI lab, topped the “breakthrough growth” ranking, the…
