Global Markets See Tech Sell-Off Amid AI Concerns

Wall Street and other global markets, from Seoul to New York, have experienced a significant sell-off in technology giants, fueling concerns that the artificial intelligence-driven equity bull market might be overblown and leading to new liquidations.

23 Jun, 20:53 — 23 Jun, 20:53

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SCMPMostly Factual17h ago

US stocks slide, as Wall Street gets AI wake-up call

Wall Street got a reality check as a bruising sell-off in several technology giants fuelled concern the artificial intelligence frenzy that has powered the equity bull market might be overblown. The tech rout engulfed global stocks as worries about frothy valuations ignited a fresh bout of volatility after a nearly three-month surge in riskier assets. The S&P fell 1.4 per cent. The benchmark index is coming off 11 weekly gains out of the last 12, led largely by technology stocks. The Dow Jone...

By Bloomberg

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First report: SCMP · 23 Jun, 20:53|Full coverage: 2 · 7h|Window: 7h

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SCMP23 Jun, 20:53First to report

US stocks slide, as Wall Street gets AI wake-up call

7h later

naftemporiki24 Jun, 04:06Latest update

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Global Markets See Tech Sell-Off Amid AI Concerns

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US stocks slide, as Wall Street gets AI wake-up call

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US stocks slide, as Wall Street gets AI wake-up call

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