Wall Street analysts worry that new Chinese stealth aircraft could persuade the US to buy fewer of Lockheed Martin's F-35 stealth fighters.
Mobileye Global forecast fiscal 2025 revenue below Wall Street expectations on Thursday, anticipating fewer shipments of its assisted driving technology to China, sending its shares down more than 12% in premarket trading.
Wall Street is mainly focused on Apple's iPhone sales in China and any guidance related to its March quarter, which could include iPhone SE4 sales.
In Amsterdam, Dutch chip supplier ASML slid 8.5%. In Tokyo, Japan’s Softbank Group Corp. lost 8.3% and is nearly back to where it was before spurting on an announcement that it was joining a partnership trumpeted by the White House that would invest up to $500 billion in AI infrastructure.
Apple's earnings call is today at 5 pm ET. AAPL stock heads into the report down 4% YTD. Analysts are focused on services and China sales.
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China
U.S. technology shares dropped sharply on Monday as surging interest in Chinese startup DeepSeek's low-cost artificial intelligence model raised doubts about the sector's lofty valuations. The tumble in global equities prompted a widespread flight to safety,
Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step in.
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever—but the company faced another selloff Wednesday.
Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess the companies’ sky-high valuations.
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street
Wall Street tuvo un comienzo de semana difícil debido a la preocupación de que un modelo de inteligencia artificial barato de la startup china DeepSeek podría hacer que las valoraciones de la tecnología que ha impulsado el mercado alcista sean difíciles de justificar.