Tech stocks

Its shares jump as much as 14% to US$142.91 before closing at US$125.65 on Monday

Investors pay a premium for growth, but market swings reveal unease about incentives driving the boom

Recollections of brutal boom-and-bust cycles are weighing heavily on memory makers’ shares

Frencken, UMS, AEM and CSE Global all fall on Tuesday

An index of these stocks is down 11% from a May record – erasing US$2 trillion in market value

Potential hotspots include a reformist new Fed chair, weak yen and high-stakes earnings season

As more Chinese firms make LLMs publicly available, big developers’ proprietary ‘moats’ and pricing power may shrink

They believe semiconductor and chipmaker firms will generate the strongest returns

For long-term investors, periods like these often offer opportunities rather than reasons for panic