Howard Marks at Moneycontrol Global Wealth Summit 2025: While Artificial Intelligence has the potential to change the world like the Internet did, the market judgement on valuation and longevity of companies is still awaited.
DeepSeek Impact: Japan’s chipmaker stocks plunged into losses, while artificial intelligence and related stocks on Wall Street were hammered overnight amid concerns over the waning dominance of US tech giants in the AI space.
DeepSeek's AI model is seen as a very strong competitor to OpenAI and Meta Platforms. For Wall Street investors, this may mean the stratospheric valuations of AI-related companies could come under question.
In the absence of AI-specific companies on Indian stock markets, investment opportunities are largely seen in IT services providers
In 2022, PwC estimated that AI could contribute $15.7 trillion to the global economy by 2030, almost equivalent to the GDP of China.
C3.a1 forecast better-than-expected revenue and profit for both the fourth quarter and fiscal year 2023, after its third-quarter results topped Wall Street estimates.