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The biggest U.S. tech stocks could shed as much as $900 billion in value Monday amid a global selloff tied to the launch of an AI-powered chatbot in China that could challenge the basis of Read more…
Indices in the US and Europe declined due to the heavy selling of stocks triggered by investors exiting AI-related companies in the US. The reason for the relatively sudden sell-off was the rumoured high quality Read more…
The Japanese yen has started the week with huge gains against the US dollar and has climbed to five-week highs. In the European session, USD/JPY is trading at 154.14, down 1.1% on the day. Will Read more…