Chip rout drags down stocks as investors rotate out of tech – Sherwood News

Information technology and energy were today’s losers as oil prices slid on reports that Strait of Hormuz shipping traffic is normalizing.The S&P 500 and Nasdaq 100 fell sharply as chip stocks and AI giants plunged, while the Russell 2000 closed higher. The Invesco S&P 500 Equal Weight ETF gained, as losses were concentrated in tech and energy, the only two...

Doximity Sits 70% Below Its 52-Week High With 300,000 AI Users and Zero AI Revenue – TIKR.com

Most investors never know if a stock is truly undervalued or overpriced. TIKR’s professional-grade valuation tools give you a clear, data-backed answer across 60,000+ stocks for free →Doximity (DOCS), the digital platform connecting more than 85% of U.S. physicians, entered 2026 as the dominant medical AI network after surpassing 300,000 quarterly active users on its AI suite in a single...

EU orders Meta to restore WhatsApp access for rival AI chatbots – Storyboard18

European Union regulators have directed Meta to restore WhatsApp access for competing artificial intelligence chatbots, marking a significant move in the bloc’s ongoing push to enforce fair competition in digital markets, according to a Moneycontrol report.The order comes amid concerns that Meta may be limiting interoperability on its messaging platform, potentially disadvantaging rival AI developers. WhatsApp, which is used by...

Shopee slashes jobs in Singapore amid AI push; software engineers among those affected – CNA

Singapore Singapore Employees at Shopee’s Singapore headquarters told CNA they were laid off on Monday.File photo of the Shopee logo outside its Singapore office. This audio is generated by an AI tool. SINGAPORE: E-commerce giant Shopee has slashed jobs in Singapore amid its latest foray into artificial intelligence, stating that the cuts come after a regular review of business operations.Responding to media...