Taiwanese shares saw their worst-ever selling streak by foreign investors as heavyweight Taiwan Semiconductor Manufacturing Co. fell out of favor. Global funds reduced holdings for the past 12 sessions, shedding a net NT$391 billion ($11.9 billion) worth of Taiwanese stocks through Wednesday, according to exchange data compiled by Bloomberg. TSMC, which accounts for more than […]
DeepSeek Sell-Off: Nasdaq sheds 600 points after Nvidia loses $600 billion in market cap – CNBC TV18
A sell-off triggered by the rise of a Chinese AI firm DeepSeek led to AI darling Nvidia Corp. seeing the biggest erosion in market capitalisation in a single day in US history. Nvidia’s 17% drop coupled with a sell-off in other chipmakers led to the Nasdaq declining over 600 points on Wall Street during Monday’s […]
S&P 500, Nasdaq end near record high levels as US markets continue winning run – CNBC TV18
A rally in big-tech names spurred the S&P 500 to record high levels on Wednesday, as the optimism surrounding Donald Trump’s return to the White House continued to push Wall Street indices higher. Company Value Change %Change The S&P 500 hit an intraday record of 6,100 before closing just near those levels. The Nasdaq too […]