AI Bias Analysis
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Stocks in Asia are set for a subdued start after a tech-led selloff dragged down US benchmarks, as doubts resurface over whether massive spending in artificial intelligence will pay off — just as traders brace for a wave of megacap earnings.
Source
Bloomberg Markets
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Australia’s Woodside Energy Group Ltd. said it expects stronger prices for liquefied natural gas to boost its earnings in coming quarters due to time lags in its supply contracts.
Bill Ackman’s combined initial public offering for his closed-end fund and alternative asset manager raised $5 billion, adding to the billionaire’s war chest for Warren Buffett-style long-term investments.
With today’s adoption of the EU’s Common Charger rule, laptops across the continent have joined the USB-C revolution with clear benefits to consumers.
Optimism around tech stocks took hit as the Wall Street Journal reported that OpenAI's revenue and new users growth was below its own targets.
