Artificial intelligence (AI) news

Artificial intelligence is transforming finance. AI algorithms analyse data, predict trends, and automate trading. Companies involved in the development of artificial intelligence are impacting market efficiency and potentially increasing volatility in the global economy.

Markets Today: China Exports & Imports Slide, ITV Jumps 18%, FTSE Eyes 100-Day MA. Michigan Sentiment Data Ahead
Asian tech stocks tumbled amid concerns about the valuation of the AI boom. China's exports unexpectedly fell 1.1% to an eight-month low due to cautious buyers and US-China trade uncertainty. European stocks edged up, with ITV soaring 18% on sale talks, while Rightmove sank 24%. The US dollar is set to end the week slightly higher, and gold prices rose.
by Zain Vawda
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US Dow Jones: A star performer amid the current US AI stocks sell-off
The Dow Jones outperformed amid the US AI stocks sell-off, dipping just 0.5% as the Nasdaq 100 and S&P 500 slumped 2.1% and 1.2% following an 8% plunge in Palantir. Despite concerns over lofty AI valuations, US financial giants like JPMorgan and Goldman Sachs held firm, supporting Dow resilience. Technical signals now point to a potential short-term bullish reversal as the index tests its 20-day moving average.
by Kelvin Wong
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