Global Stocks Edge Lower as AI and Rate Fears Pressure Tech
Global equity markets edged lower Thursday as concerns about AI spending and higher interest rates fueled continued selling in technology and chip stocks.
By Chibuike OguhGlobal equity markets edged lower on Thursday as concerns about AI spending and higher interest rates fueled a continued selloff in technology and chip stocks.Investors have been unnerved by valuations of companies in the AI ecosystem as more voices question the sustainability of de…