Asian Stocks Retreat on AI Cost Concerns and Gulf Tensions
Asian stocks sank to a three-month low on Thursday as concerns about AI financing and profitability and escalating West Asia tensions weighed on investors.
BEIJING (dpa-AFX) - Asian stocks sank to a three-month low on Thursday, with renewed concerns over the financing and profitability of the artificial intelligence boom as well as escalating tensions in West Asia keeping investors on edge.Investors also reacted to mixed earnings results from U.S. meg…