Global Tech Stocks Erase $1.8 Trillion in Days as US Stock Futures Rebound and AI Spending Fears Rattle Markets
Global equity markets have witnessed a dramatic correction, with tech stocks losing $1.8 trillion in market value within days. Concerns over excessive spending on artificial intelligence (AI) infrastructure, coupled with fears of slowing demand, triggered a sharp sell-off. However, US stock futures showed signs of recovery, suggesting that investors may be reassessing the long-term outlook….