Bank of England Warns Debt-Fueled AI Boom Could Unravel

Crypto markets showed signs of stabilization on Tuesday following a significant sell-off the previous day, with various indicators suggesting that traders remain hesitant to engage in buying despite the dip. This cautious sentiment reflects ongoing volatility within the cryptocurrency sector.

This month, investors considering shorting US stocks are advised to reconsider due to the robust performance of the American economy and the prevailing excitement surrounding artificial intelligence (AI), as noted by 22V. The combination of these factors suggests a potentially risky environment for betting against the market.

Big Tech's longstanding strategy of minimizing spending while maximizing earnings is facing significant challenges due to the rapid advancements in artificial intelligence (AI). This shift threatens the traditional business models that have driven growth for two decades, as companies are now compelled to invest heavily in AI technologies to remain competitive.

Apple's head of artificial intelligence and machine learning has stepped down, marking a significant shift in the company's leadership amid growing concerns about its position in the competitive tech landscape.

Klook Technology Ltd. is reportedly postponing its planned listing in the US to early 2026 as the online travel platform awaits a more favorable market environment. This decision comes amidst ongoing fluctuations in the financial markets, which have affected many companies' initial public offerings.

Indian food delivery service Swiggy Ltd. is set to raise up to 100 billion rupees ($1.1 billion) from institutional investors as early as next week, signaling a significant move in the Indian market. This share sale reflects the company's growth ambitions and the increasing interest in the food delivery sector.

Zhipu, a Chinese AI startup, has achieved a significant revenue milestone and increased its user base for its AI development tools, positioning itself for a potential initial public offering (IPO) in China. This growth reflects the rising demand for AI technologies in the region.

Airbus SE is entering the final weeks of the year with an ambitious aircraft delivery target, but it faces unexpected challenges, including a significant software issue affecting its A320 fleet. This situation has arisen following an incident involving a JetBlue Airways aircraft, which has prompted the company to issue a warning regarding the need for urgent software fixes across more than half of its active A320 jets.