FirstFT: Chip stocks sink as AI sell-off intensifies
Also in today’s newsletter: Powerful earthquake hits Japan and Fifa plans $20bn commercial vehicle
lates news
Read More
Ares’ next big private capital deal looks deceptively close to home
While it’s already common to find private equity and credit under the same roof, any tie-up will prove a test of culture
Chip stocks tumble as AI sell-off deepens
Nasdaq 100 briefly falls into correction territory ahead of raft of Big Tech earnings
Apple tops $5tn valuation for first time
Tech giant gains due to its lack of huge spending on AI and as investors seek havens from sell-off in chip sector
LA Dodgers-owner’s insurer acknowledges loans to ‘Dodger Tickets’
Delaware Life reclassifies loans as level 1 related-party investments after labelling them unaffiliated for years