US EditionMarkets Quake as Investors Put Profit over Promise From AI
Asian markets, including Japan and South Korea, saw declines up to 6.2% as investors shift focus from AI hype to profit verification, marking the sharpest selloff in seven months.
10 Articles
10 Articles
Here's the stock market playbook as tech valuation fears grip Wall Street
Spencer Platt/Getty ImagesStocks tumbled on Tuesday and are dipping again on Wednesday amid concerns about tech valuations.Wells Fargo flagged a few top stock plays for investors to navigate the volatility.Its playbook included trimming tech stocks and adding to areas like industrials and financials.The stock market is having a tough start to November. Markets were jolted on Tuesday as investors fretted over a possible AI bubble and lofty valuat…
Markets quake as investors put profit over promise from AI
Global markets are undergoing a long-anticipated valuation reset. The latest sell-off, triggered on Wall Street and spreading through Asia and Europe today, shows that investors are beginning to question whether the optimism buoying AI and tech shares generally can be justified by profit rather than promise. For more than a year, investors have treated AI […] The post Markets quake as investors put profit over promise from AI appeared first on A…
Global stocks slump exposes gap between AI promise and profit
Global stocks extending losses underscores that a reality check on AI and tech valuations is brewing, warns the CEO of deVere Group. The warning comes as global equities declined sharply on Wednesday as investor confidence wavered over overstretched AI and tech valuations, with Asian markets posting their steepest falls in months, European futures pointing lower, and risk-sensitive currencies losing ground. Gold climbed as investors sought safe…
Data in the eurozone and fears in the AI sector move global markets. Photo: taken from Freepik Asia-Pacific Stock Exchanges Asian stock markets fell on Wednesday, with Japan and South Korea leading losses, while investors reacted to the massive sale of Wall Street due to concerns about excessive valuations. In Asia, the main index of the Tokyo stock market, Nikkei, dropped by 2.5% this Wednesday after investors chose to collect profits after rec…
Global equity markets have trembled since yesterday, penalised by the declines in artificial intelligence (AI)-related securities. Investors are increasingly worried about the valuations of the leading shares of a rally that has panicked financial markets. Investors in AI securities expect companies to continue to increase significantly their profit and income forecasts in order to justify their acquisitions of securities. For connoisseurs, it h…
After several warnings about too high ratings, investors start to rethink their AI positions. Pharma is also in the spotlight and expresses the mood
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