Global markets are experiencing volatility due to shifting geopolitical developments, particularly concerning the US and Iran. Oil prices have surged, reflecting supply disruption fears, while India faces risks from oil costs and AI’s impact on its IT sector. Bond markets are also adjusting to potential US rate hikes.
Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff
Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered