Description
As global stock markets fell following a rout in US tech stocks, after the Democrats’ midterm victory led to fears of a slowdown in the AI industry, some investors are questioning the AI boom as US spending and rising debt put the industry’s future under scrutiny.
A fierce sell-off erased about $2.5 trillion from the Nasdaq 100 on Thursday, followed by sharp falls in Asian stock markets on Friday morning. The dip also reached London. The question now is: How long can investors keep paying for profits that have yet to arrive?
#stockexchange #newyork #ai #debt
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