There's still room for rotation into tech, Deutsche Bank says. Here's why
There is still room to run with regards to rotation in tech stocks due to outperformance in the sector, Deutsche Bank said.
There is still room to run with regards to rotation in tech stocks due to outperformance in the sector, Deutsche Bank said.
China's securities regulator is raising the bar for public listings of humanoid robot startups with three specific criteria, according to three sources.
In a bid to cut its reliance on foreign tech, India tries to catch up with China and the U.S. by readying an investment of $25 billion in Deep Tech startups.
The hike of 25 basis points was in line with expectations by economists polled by Reuters.
Iranian and U.S. officials reportedly met separately with mediators Monday to push for a ceasefire, as Middle Eastern crude exports rebounded to war-time high.
Oil rose after Iranian officials were reportedly pessimistic over a deal before U.S. midterm elections.
Anthropic's IPO filing shows how it is creating a new "Founder LLC" vehicle aimed at serving the common good, while insulating its leaders from market forces.
Anthropic’s revenue grew over 10-fold in 2025, but the cost of training and serving its models is also climbing.
Anthropic plans to warn IPO investors that advanced AI could pose “catastrophic or existential risks to humanity.”
Luckin is weighing a push into Gulf markets while deepening its foothold in Southeast Asia, with backing from sovereign wealth funds in both regions.
Samsung Electronics and its five affiliates are investing $1 billion in KKR-launched Helix as the group expands its push into global AI infrastructure.
Anthropic is making a massive bet that AI will transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters.
Treasury yields continued their ascent on Monday, dragging down the major averages to start the week. The Dow Industrials fell more than 300 points.
Much of the pageantry was meant for the leaders' constituencies at home, analysts said.
The heads of OpenAI and rival Anthropic have both indicated recently that top AI labs should slow the pace of model development.
Higher Treasury yields dragged stocks lower to start the week.
CNBC’s Jim Cramer said AMD’s run isn’t over, arguing the rise of agentic AI will drive significant demand for the company’s high-end CPUs.
The company has a lucrative opportunity in letting rivals tap its data centers for computing power.
The proposal joins a chorus of other measures being put forward in Congress as the body mulls how to regulate AI.
The chip maker is buying the startup and adding AI pioneer Fei-Fei Li as its chief scientist.