AGGREGATED External reporting by Bloomberg. This page summarizes the publisher's feed entry; the full article is on www.bloomberg.com.
SoftBank Group Corp. founder Masayoshi Son and other tycoons across Asia saw billions erased from their fortunes as a global tech selloff rippled through their companies on Friday.
BLOOMBERG CORPORATE ACCOUNTABILITY
SaaS firms and proactive lenders bolstering defenses to boost survival odds
BLOOMBERG CORPORATE ACCOUNTABILITY
Source: Bloomberg, 6:16
The election rout landed on an AI trade already under pressure from high interest rates, heavy capital spending and questions about returns.
U.S. markets took a hit as concerns over newly elected Democrats added to fears about AI.
BLOOMBERG CORPORATE ACCOUNTABILITY
Sector stocks plunged over questions about whether the AI boom can continue
BLOOMBERG CORPORATE ACCOUNTABILITY
Guardrails against data-center expansion in states won by Democrats may help spread investment over time.
