Company and Industry Insights - Technology firms are experiencing significant growth, driven by substantial investments in AI, but concerns are rising regarding whether returns will match these investments, leading to warnings about potential overvaluation [2] - Oracle's recent disclosure highlighted slim margins in its AI cloud business, which includes server rentals using Nvidia chips, raising questions about the sustainability of the AI investment boom [3] - Tesla's stock dropped 4.5% following the reveal of its lower-priced Model 3/Y, which underwhelmed analysts, although third-quarter earnings are still expected to be strong [3] - Hang Seng Bank's shares surged over 26% on reports that HSBC plans to take the bank private, valuing the deal at approximately $37 billion, while HSBC's shares fell more than 6% [8]
Stocks Mixed As Traders Assess AI Rally, US Rates And Shutdown
International Business Times·2025-10-09 03:21