Nvidia’s forecast dampens AI enthusiasm in other tech stocks
By Noel Randewich and Saqib Iqbal Ahmed (Reuters) - Shares of Nvidia and other technology heavyweights fell late on Wednesday, a discouraging sign for investors betting that a strong forecast from the dominant seller of AI chips would fuel fresh gains
US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) - U.S. chip stocks added to a string of losses on Wednesday, with Wall Street's main semiconductor benchmark tumbling from record highs following its strongest year since 2009, when the sector bounced back after the financial crisis. Drops
China’s gaming stocks climb on report regulatory official removed
By Jason Xue and Brenda Goh SHANGHAI (Reuters) - Chinese gaming stocks rose on Wednesday to outperform a weak broader market, after Reuters reported China removed a gaming regulatory official. China's CSI Anime Comic Game Index gained as much as 3.1% in
Meme stocks surge as tech rally gets too pricey for retail investors
By Bansari Mayur Kamdar (Reuters) - Meme stocks have surged in the last few weeks as retail investors shun pricier stocks for cheaper speculative names, but some experts worry that this could choke the current rally in broader markets. At a time