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America turns on Trump’s tech cheerleaders
Silicon Valley elites and AI executives plot new political strategy after alliance with US president backfires in midterms
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FINANCIAL TIMES CORPORATE ACCOUNTABILITY
Silicon Valley elites and AI executives plot new political strategy after alliance with US president backfires in midterms
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Max Richter is one of the most successful classical composers alive. His catalog has had more than 4 billion streams and his works range from an eight-hour album based on the science of sleep to the Oscar-nominated score for the film…
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With the Iran war roiling oil markets, concerns about AI spending rattling technology stocks and uncertainty over the global economic lookout, there’s no shortage of turbulence in global markets.
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Source: Bloomberg, 0:00
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Source: Bloomberg, 0:00
Concerns that Democrats in the US will push back against data center projects are weighing on an AI trade that is already on shaky footing amid growing doubts about profitability.
Three people have been charged in a scheme to use artificial intelligence to impersonate corporate executives and attorneys to steal about $129 million
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‘Complete carnage’ as Nikkei 225 falls below 60,000 points for first time since May with Seoul’s Kospi under 5,000 points
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A bigger test for the benchmark could come around 24,800.
Tech stocks have tumbled as investors worry that Democrats will curb AI growth
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John Woods says the sharp pullback in AI-exposed stocks is a positioning-driven correction rather than a sign of deteriorating market fundamentals. (Source: Bloomberg)
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China could face “severe economic headwinds” if the Democratic Party’s sweeping midterm victory slows the US’s artificial intelligence buildout, Bloomberg Economics says — just as tech stocks across Asia slump on tech worries.
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Source: Bloomberg, 0:00
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Copper slumped to its lowest since July as a political shakeup in Washington threatened to blunt two key bullish drivers: the rapid buildout of AI infrastructure, and the risk of US import tariffs on the metal.
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The Taiwan dollar weakened past the key psychological level of 33 per US dollar for the first time since April 2025, as a broad retreat in artificial intelligence shares weighed on the island’s tech-heavy equity market.
Asian technology stocks tumbled Friday, tracking a sharp sell-off on Wall Street overnight that sent the tech-heavy Nasdaq Composite into correction territory.
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David Allen, Head of Long/Short Strategies at Plato Investment Management, discusses the region's market selloff as the AI slump deepens and where he sees opportunities in the technology sector. He speaks with Haidi Stroud-Watts on the…
Many schools are pushing artificial intelligence out of the classroom, worried that students will use AI instead of thinking for themselves. But some educators are embracing the technology and say it is helping students learn. Meg Oliver…
When Trump won in 2024, members of the Republican Party theorized that MAGA’s conservative platform resonated more with Latinos, in particular Latino men’s values, and that they had rejected Democrats’ focus on social issues that election…
A day after investors gave U.S. stocks a big post-election boost, the markets saw a massive sell-off over concerns about the future of artificial intelligence. Kelly O'Grady breaks it down.
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Source: Bloomberg, 0:00
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President Donald Trump blamed Democrats for the losses in Americans’ 401(k) portfolios as the selloff in technology and artificial intelligence-related stocks deepened after his Republican Party suffered widespread losses in Tuesday’s…
Artists say brands are embracing traditional art forms and making a point to show off the human labor behind their campaigns.
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Asian markets face pressure following an overnight drop in US technology shares, as an unwind in semiconductor holdings triggers systematic risk reductions across sectors. Bloomberg's Anthony Stephens has the latest. (Source: Bloomberg)
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