selloff

Global tech sell-off intensifies, led by AI and chip stocks

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Markets tumbled around the world on Tuesday, as renewed doubts about sky-high valuations appeared to take hold of investors in some of the largest AI, chip and memory stocks. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The deepening sell-off in technology stocks was led by artificial intelligence … Read more

Tech stocks tumble for a second day. Here’s what is behind the selloff.

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A major tech sell-off stretched into a second day Tuesday as investors questioned whether artificial intelligence will generate the profits that have fueled lofty valuations for companies such as Alphabet, SpaceX and Nvidia. After the opening bell, the tech-heavy Nasdaq Composite slumped 628 points, or 2.4%, to 25,537. The decline marks a second day of … Read more

Global bonds sink and oil prices jump, triggering a stock sell-off

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Government bonds around the world sold off sharply Friday as the price of oil jumped, both driven by an array of geopolitical developments in the Iran war, politics and trade. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The yield on a 30-year U.S. Treasury bond rose above … Read more