Tech Up as Bubble Fears Ease - Tech Roundup

Dow Jones
Yesterday

Shares of technology companies rallied as fears about a speculative bubble eased following Thursday's slump.

Proxy advisory firm Institutional Shareholder Services has advised Tesla investors to vote against a new $1 trillion pay package for Chief Executive Elon Musk and against Tesla making a potential investment in xAI.

Capital expenditure on artificial-intelligence infrastructure accounts for a significant portion of all U.S. capex growth, but that is not necessarily alarming considering the stage in the technology cycle, said strategists at brokerage BNP Paribas.

"The economy-wide rollout of AI technology has been accompanied by a massive buildout in investment in data centers, computer equipment, semiconductors, and power generation," the strategists said. "We expect this concentration of investment in the AI buildout to continue into 2026," the strategists noted.

Alibaba Group shares rose after President Trump sounded optimistic notes in comments about negotiations between Washington DC and Beijing.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

October 17, 2025 17:22 ET (21:22 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10