AI rout exposes Wall Street’s $270 billion speculation machine

A recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors’ enthusiasm for leveraged products tied to AI chips and SpaceX, alongside financial engineering in crypto, led to rapid gains and equally swift losses. These products, designed for faster, more concentrated bets, are increasingly shaping market dynamics, bringing a casino-like element…

European shares slip as tech selloff bites, Zalando slides

European markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German probe into its accounts, impacting the retail sector. Investors grappled with AI’s uncertain impact on tech, while chipmakers saw declines. Despite the dip, the STOXX 600 managed modest weekly gains, buoyed by easing oil concerns and…

ET Most Innovative AI Product Awards 2026: Recognising the AI innovations driving business transformation

As artificial intelligence becomes central to how organisations operate, compete, and grow, businesses are increasingly looking for solutions that deliver measurable outcomes rather than technological promises. The ET Most Innovative AI Product Awards 2026 celebrate the AI products transforming industries through innovation, scalability, and real-world business impact.