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AI Shockwaves Rattle Global Software Stocks After Anthropic Breakthrough

Global software stocks came under renewed pressure on Wednesday as a sharp selloff spread from Europe and the United States into Asia, driven by growing fears that rapid advances in artificial intelligence

04/02/2026

AI

Musk’s SpaceX–xAI Merger Pushes AI Data Centers Toward Orbit

Elon Musk’s decision to merge SpaceX and xAI has reignited a long-standing sci-fi vision: shifting energy-hungry AI computing off Earth and into space. Once the realm of futurists, orbital data centers are

04/02/2026

AI

Novo Nordisk Shares Sink as CEO Warns of Deeper Pain Ahead

Novo Nordisk shares plunged after the drugmaker unexpectedly pre-released its 2026 outlook, catching markets off guard just as signs of recovery were emerging. The move triggered a sharp sell-off and reignited concerns

04/02/2026

Finance

Anthropic AI Tools Rattle India’s IT Sector as Automation Fears Spark Selloff

Shares of India’s IT exporters slid sharply on Wednesday, with the NIFTY IT index falling 6.3% as investors reacted to AI-driven disruption risks sweeping the global software industry. The decline followed the

04/02/2026

Technology

China’s Comac Emerges as a New Challenger to Boeing and Airbus in Asia

At the Singapore Airshow, amid scale models and mock cockpits from the world’s biggest manufacturers, one exhibitor is drawing growing attention: Comac, China’s state-owned aircraft maker. Comac has made notable progress since

04/02/2026

Technology

Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies

Nvidia is close to finalizing a deal to invest around $20 billion in OpenAI as part of the AI company’s latest funding round, according to a source familiar with the matter. OpenAI,

04/02/2026

Technology

Chipotle, Mondelez Slide as Weak Demand and Rising Costs Cloud Outlook

Shares of Chipotle Mexican Grill fell 6% and Mondelez International dropped 4.5% before the open on Wednesday, after both companies issued downbeat sales outlooks that highlighted weakening consumer demand and higher input

04/02/2026

Finance

Formula E Batteries Power the World’s Fastest Electric Racers

Formula E is pushing the limits of electric-vehicle technology, developing high-performance batteries that could eventually influence the cars people charge on everyday streets. On December 6, 20 electric race cars will line

03/02/2026

Technology

Bitcoin Volatility Sparks $2.5 Billion in Crypto Liquidations

Bitcoin investors have liquidated about $2.56 billion in recent days, according to data from CoinGlass, as cryptocurrencies slid alongside a broader sell-off in risk assets such as equities and precious metals. While

03/02/2026

Crypto

Rolls-Royce Pushes Back on Airline Criticism Over Engine Pricing

Rolls-Royce has defended recent price increases for its jet engines, rejecting airline claims that manufacturers are profiting from supply-chain disruptions while reliability issues persist. Airline frustration was voiced by International Air Transport

03/02/2026

Technology