Daily archive
8 stories from 2 outlets. Times show when each story first broke, in UTC.
Indian stocks gained on Friday while the rest of Asia slumped on renewed concerns over artificial intelligence. The move reflects investors seeking haven assets outside the AI trade.
#Bloomberg Economics says China could face severe economic headwinds if the Democratic Party's sweeping midterm victory slows the US artificial intelligence buildout. The warning comes as tech stocks across Asia slump on tech worries.
#David Allen, head of long/short strategies at Plato Investment Management, says Thursday's market selloff came from investors conflating AI's transformational potential with its investment return thesis. He says the regional selloff is deepening as the AI slump continues.
#Niles Investment Management founder Dan Niles says open-source models are weighing on token prices and slowing revenue growth at leading AI companies. He argues higher financing costs and postponed IPOs mean valuations matter more.
#Revolution Asset Management's Bob Sahota describes a conservative private credit approach centered on cash-flow based lending. He said the firm is not betting on data centers or picking AI winners, speaking on the sidelines of the Sohn conference.
#Richard Howes, Managing Director at Hearts & Minds Investment, outlines investment opportunities in private credit. The interview was recorded at the Sohn Hearts & Minds conference in Queenstown, New Zealand, per Bloomberg.
#Hedge funds holding crowded positions are unwinding them fast after a difficult October. Bloomberg Technology reports that AI-related losses came first, followed by macroeconomic shocks and then credit concerns.
#Blue Origin says its new rocket engine will deliver higher performance while costing about a quarter as much to build. The company described the development as a major advance for its launch program.
#