Nasdaq Loses US$2.5 Trillion as AI Investment Fears Shake Markets
NEW YORK, Nov 7 – Investors have wiped approximately US$2.5 trillion from the Nasdaq 100’s market value as growing concerns over artificial intelligence (AI) investment and data centre expansion triggered a major stock market sell-off. The Nasdaq Composite plunged 5.5%, marking its steepest single-day decline since the market turmoil caused by US tariffs in April […]
Japan’s Nikkei Falls 3% as US Midterm Results Shake AI Stocks
TOKYO, November 4 – Japan’s stock market fell sharply on Wednesday as technology shares came under pressure following early gains by Democrats in the US midterm elections. Investors became concerned that stronger Democratic control in Congress could lead to tighter regulations on artificial intelligence (AI) infrastructure projects. The concerns also raised questions about future investment […]