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Matthew Fox
27 Apr 2024, 19:19

The AI-fueled stock market bubble will crash in 2026, research firm says

The AI-fueled stock market bubble will crash in 2026, research firm says

The AI-fueled stock market bubble will crash in 2026, research firm says

"This dynamic played out around both the dot-com bubble of the late 1990s and early 2000s and the Great Crash of 1929," Capital Economics said.

Stock market today: Indexes jump to close best week since November as investors cheer tech earnings
Yuheng Zhan
27 Apr 2024, 03:28

Stock market today: Indexes jump to close best week since November as investors cheer tech earnings

US stocks climbed to end the week. The tech sector rallied sharply, with the Nasdaq Composite up more than 2%.

Global stocks rally even as Sensex, Nifty fall sharply on Friday
BI India Bureau
27 Apr 2024, 01:50

Global stocks rally even as Sensex, Nifty fall sharply on Friday

BSE Sensex witnessed losses exceeding 600 points on Friday due to selling pressure in financials and experts pointed at weak global cues for the losses on Friday. Nifty also shed over 150 points to close at 22,420. Public Sector Undertaking (PSU) stocks emerged as the winners, with "HUDCO" rising by 12 per cent. Globally, stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan's yen hit a fresh 34-year low.