T. Rowe Price fund manager sees AI capex hitting $1.6 trillion in 2027, above rival forecasts
Dom Rizzo, the global technology equity fund manager at T. Rowe Price, expects hyperscaler AI spending to reach something like...
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Nasdaq leads Wall Street lower as tech names sell off
The Nasdaq composite fell 159.91 points, or 0.60%, to close at 26,445.45, the weakest showing among the major US indices....
Wall Street slips as tech drags and US-Iran optimism fades
Wall Street's main indexes slipped Tuesday as tech-stock losses offset investor optimism over a possible U.S.-Iran arrangement. The S&P 500...
Taiwan and South Korea Drive $25.48 Billion Asian Equity Outflows in July
Foreign investors pulled a net $25.48 billion out of seven Asian markets in July, marking a ninth straight month of...
Hyperscaler capex forecasts for 2026 jump 71% to $789 billion
Wall Street's 2026 hyperscaler capital spending estimate has jumped 71% in six months, from around $460 billion to $789 billion....
