Asian Equities Fall as AI Spending Concerns Build
Asian equities fell Monday morning as concerns about artificial-intelligence funding outweighed relief from lower oil prices. Regional stocks tracked Wall Street’s Friday losses, led by weakness in AI infrastructure stocks.
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02:32:49 AM UTC
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By Wayne ColeAsian share markets slipped on Monday as unease over AI's enormous funding needs undermined confidence ahead of a week packed with earnings, while Chinese economic data pipped forecasts in a positive for world growth.A fall in oil prices offered some support to bonds and Wall Street st…
By Sherry QinAsian equities fell Monday morning, as mounting artificial-intelligence funding concerns outweighed relief in the energy markets as oil declined.Weakness in stocks across the region tracked Wall Street's losses on Friday, hammered by AI infrastructure stocks. The Philadelphia Semicondu…