Echoes of that era are reverberating now. The technology this time is artificial intelligence. After a wild stock market rally that sent the S&P 500 soaring 72% from its trough in October 2022 to its peak last month, adding more than $22 trillion of market value in the process, signs of trouble are emerging. Stocks are starting to sink, with the Nasdaq 100 losing more than 10% to fall into a correction and S&P 500 briefly dropping to that level. And the symmetry is raising frightening memories from a quarter century ago.
Sebi puts WeWork IPO on abeyance; Indira IVF Hospital withdraws DRHP
WeWork India IPO:Sebi has put WeWork India’s IPO in abeyance while returning Star AgriwareHousing’s offer documents. Indira IVF Hospital withdrew its draft IPO filings made