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TECHNOLOGY // WIRE
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Tech stock rout, driven by US AI fears, continues in Asian trading
Global markets are being roiled due to concerns over US data centre expansion and AI regulation.
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Asia Reels From the Global AI Selloff
The global AI trade went into reverse, wiping $2.3 trillion from the Nasdaq 100 and triggering a brutal selloff across Asia. Why did the rout turn so violent, and why is India emerging as a rare bright spot? (Source: Bloomberg)
Global market rout deepens after midterms intensify AI fears
An intensifying rout of tech stocks hit global markets Friday, with a surge of red tickers spreading from Wall Street to Asia and Europe after the blue wave of the U.S. midterm elections fueled fears over AI development.
AI firms hit in worst stock market crash for 18 months
Nvidia and other AI-related companies, including Tesla and Micron, all sunk dramatically lower on Thursday
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European Stocks Join Global Selloff as AI Concerns Spread
European shares joined a global selloff, wiping out their weekly gain as concerns over the Democratic sweep of Congress and its implications for the artificial intelligence trade triggered losses across every sector.
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Asia Faces AI Reckoning Post-Midterms, With Silver Lining on Oil
Asia’s powerhouse exporters could get hit hard if US elections end up deflating the AI boom, though the news isn’t all bad for the region that drives global economic growth.
Global markets tumble after US tech stock sell-off
On Friday morning, the Asian markets followed turmoil on the US stock markets to drop firmly lower.
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AI's Fundamentals Have Not Been Derailed, ING's Treon Says
Anneka Treon, global head of private banking, wealth management and investments at ING, says companies across technology and other industries continue to report tangible value from AI and a desire to invest further, indicating strong…
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Global Tech Selloff Deepens as US Midterms Trigger AI Fears
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors…
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BofA’s Piron Sees Won, Taiwan Dollar as Buys After AI Selloff
The South Korean won and Taiwan dollar offer buying opportunities after the artificial intelligence-driven equity selloff, according to Bank of America Corp.
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Asian markets battered after Wall Street AI rout
Investors fear Democrats will seek to slow US data centre build-out that underpins the AI boom
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AI Unwind Suddenly Makes Europe a Go-To Trade for Investors
Europe’s diversified stock market has suddenly become one of the most attractive trades around, as global investors seek to shed artificial intelligence exposure.
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AI Selloff Becomes Sell-Everything, Korea’s $1.7 Trillion Rout
Source: Bloomberg, 0:00
Global tech stocks plunge over fears of AI curbs in US
Asian markets plunged Friday, tracking a sell-off in Western stocks following the US midterm elections.
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AI Elite Lose $18 Billion as Chip Stock Rout Spreads to Asia
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.
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Is the AI stock bubble finally bursting?
Any reasonable person can see the hallmarks of an unsustainable party in markets
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Trump-Linked Crypto Firm Plans Token Buyback After Midterm Rout
The Trump family crypto venture World Liberty Financial has announced a new buyback plan for its WLFI token after the price fell following this week’s US midterm elections.
‘Nice face of the devil’: Google whistleblower on AI, Gaza, and breaking NDA
Sofia Liguori tells openDemocracy about Project Nimbus and resignation that led to Google U-turn on silencing ex-staff
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AI Selloff Deepens as Japan, South Korea Tumble
The global stock selloff worsened in Asia, with Japan’s benchmark dropping the most in more than a year, on concern the US will tighten regulations on the artificial intelligence industry after Democrats’ decisive election win. Bloomberg's…
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Niles: AI Trade Faces Repricing Amid Data Center Risks
Niles Investment Management Founder Dan Niles says the AI trade is entering a tougher phase as US data-center constraints, falling token prices and higher funding costs force investors to reassess valuations. He speaks with Haslinda Amin…
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China Tech Stocks Slide in Broad Market Rout
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering…
Glasgow children's hospital begins robot-assisted surgeries in world first
The Royal Hospital for Children is to use the Versius Plus surgical robot for paediatric surgery.