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The Week the AI Boom Got a Reality Check on Wall Street
WSJ· 2025-11-08 02:00
Core Viewpoint - Tech stocks have significantly impacted the Nasdaq, leading to its worst weekly performance since the trade war initiated by President Trump in April [1] Group 1 - The decline in tech stocks has been a major factor in the Nasdaq's performance [1] - The current situation marks a notable downturn in the market, reminiscent of previous trade tensions [1]
Freedom Holding Corp. Reports Financial Results for the Q2 FY2026 and 1H FY2026
Accessnewswire· 2025-11-08 00:00
Core Insights - Freedom Holding Corp. reported total revenue of USD 1.06 billion for the first half of FY26, showing a slight increase from USD 1.04 billion in the same period last year [1] Financial Performance - The company demonstrated sustainable business development during the first half of FY26 [1] - Asset growth and stable liquidity were highlighted as key aspects of the company's performance [1]
Big Tech's AI spending spree: Smart long-term bet or short-term risk?
CNBC· 2025-11-07 18:20
Core Insights - Major tech companies are investing heavily in artificial intelligence infrastructure, raising questions about the long-term benefits versus short-term costs [2][3] - Concerns regarding AI stock valuations have impacted market performance, leading to a decline in stock prices [2] Group 1: Investment Trends - Mega-cap tech firms, including Amazon, Microsoft, and Alphabet's Google, have increased their capital expenditure guidance during the earnings season, which has generated mixed reactions among investors [3] - The debate centers around whether the significant spending on AI will lead to future efficiency gains or if it is merely a costly endeavor without immediate returns [2][3] Group 2: Market Reactions - Investor sentiment is divided, with some analysts arguing that focusing too much on short-term results could hinder long-term growth [3] - The lack of immediate efficiency gains from AI investments has raised skepticism among investors, contributing to market volatility [3]
How To Recruit The Best Engineers And Sales Reps
Y Combinator· 2025-11-07 17:58
Most founders think hiring is about interviewing. But it's actually about selling. For Startup School, Juicebox co-founder & CEO David Paffenholz joins YC's Harj Taggar to share how early-stage founders can find, pitch, and close top engineering and sales talent— from crafting better outreach to winning great hires from Big Tech— even when you're an unknown early-stage startup. Chapters: 0:00 – Why your first hires matter 1:17 – What great candidates actually want 4:38 – How to sell your startup to top tale ...
Tech stocks are having their worst week since the April tariff selloff. Why it's about time.
MarketWatch· 2025-11-07 17:11
Core Viewpoint - The technology sector is experiencing its worst week since April 2025, with significant declines in major tech stocks, raising concerns about high valuations despite strong earnings reports [1][2][6]. Group 1: Market Performance - The S&P 500 Information Technology Sector Index is down 6% for the week, marking the largest weekly decline since a drop of 11.4% in early April 2025 [2]. - Tech-sector exchange-traded funds, such as the Technology Select Sector SPDR Fund, have also seen a decline of 6.2% week to date [2]. - Major tech companies like Microsoft and Meta reported earnings beats but still saw their shares drop over 4% and more than 6% respectively for the week [6]. Group 2: Investor Sentiment - Despite the current selloff, tech remains the best-performing S&P 500 sector for the year, with the Nasdaq-100 rallying nearly 60% from its April low to its recent high [5]. - Analysts suggest that the recent pullback is a necessary correction after a significant rally, indicating that the market remains relatively healthy [6][8]. - Some investors are taking the opportunity to buy the dip, indicating confidence in the long-term prospects of tech stocks [8]. Group 3: Individual Stock Performance - High-growth tech stocks like Palantir Technologies and Nvidia have experienced greater losses, with Palantir dropping over 15% despite strong quarterly earnings, and Nvidia down over 11% ahead of its earnings call [7]. - Concerns about AI-related valuations have contributed to Nvidia's decline, but analysts believe there will be demand for the stock at lower levels [7][8].
Top Earning Cities for Millennials Include Jersey City and Berkeley, Study Says
Yahoo Finance· 2025-11-07 16:16
Across large U.S. cities, millennials earn an average of 8.8% more than the overall median household income, a new SmartAsset study found. But in some places, that gap is much wider, especially in cities like Jersey City, New Jersey, and Berkeley, California. Jersey City ranks first among major U.S. cities for millennial earnings, with residents ages 25 to 44 earning about 42.4% more than the local median household income. The median millennial household income there is around $143,500, compared to $100,7 ...
Wall Street wobbles at open as big tech selloff, US shutdown weigh on sentiment
Invezz· 2025-11-07 14:41
Wall Street indices slipped on Friday as big tech names lost steam, dragging the broader market down. The S&P 500 fell about 0.5%, the Nasdaq dropped 0.8%, and the Dow slid roughly 190 points, or 0.4%... ...
What could Elon Musk buy with $1 trillion? Endless possibilities as Tesla CEO secures historic pay package
MINT· 2025-11-07 07:31
Tesla CEO Elon Musk has secured his dream $1 trillion pay package from electric vehicle (EV) maker, with over 75% of shareholders supporting the move.Historic though it might be, Musk's pay package of $1 trillion, with 12 zeros in it, is hard for the human mind to comprehend.To make things easier, and to highlight what kind of enormous wealth we're talking about here, we'll take you through some of the things (for the lack of a better word) that Musk could theoretically purchase with his new pay package.Ent ...
Southeast Asia's largest bank CEO warns investors: 'Buckle up, we're in for a volatile ride'
CNBC· 2025-11-07 05:00
Core Viewpoint - The CEO of DBS Group warns investors to prepare for market turbulence due to stretched valuations in the U.S. stock market, particularly concerning artificial intelligence stocks and the concentration of investments in a few major companies [1][2][5]. Group 1: Market Volatility - DBS CEO Tan Su Shan highlights ongoing volatility in various markets, including equities, rates, and foreign exchange, and anticipates this trend to continue [1]. - The concentration of investments in the "Magnificent Seven" stocks (Amazon, Alphabet, Meta, Apple, Microsoft, Nvidia, and Tesla) raises concerns about a potential market correction [2][3]. Group 2: Market Correction - Tan Su Shan suggests that a market correction of 10%-20% could occur within the next 12 to 24 months, indicating a significant drawdown is likely [3]. - Morgan Stanley CEO Ted Pick supports the idea that periodic pullbacks are healthy for the market, a sentiment echoed by Tan Su Shan [4]. Group 3: Broader Warnings - The warnings from Tan Su Shan align with similar cautions from the International Monetary Fund and central bank leaders regarding inflated stock prices [5].
Why all brains are brilliant | Tara May | TEDxWilmette
TEDx Talks· 2025-11-06 17:51
I'd like to invite all of you to close your eyes. Do it. Seriously, picture the most beautiful person you know.Maybe it's your best friend, one of your children, or for you lucky husbands out there, maybe it's your wife on their wedding day. Visualize them in as much detail as you can. their hair, the color of their eyes, the way that they laugh.You got it. Okay, open your eyes for me. Now, I'd like to show you what I see when I try to visualize well, anything.That's right. I see nothing but black. If I clo ...