AI Stock Rally Checked by Treasury Selloff
A rally in artificial-intelligence stocks was tempered by an intensifying rout in government bonds in early European trade, as investors balanced AI enthusiasm with an increasingly gloomy macroeconomic picture.
A rally in artificial-intelligence stocks was tempered by the deepening selloff in government bonds in early European trade, as investors weighed AI enthusiasm against a darker macroeconomic backdrop. Micron Technology earnings after the bell Wednesday comfortably beat consen…