ByBrendan Ahern,
Senior Contributor.
Asian equities caught the AI bubble flu as Japan and Taiwan underperformed.
South Korea plunged after the KRX, the local exchange, released a warning concerning the price appreciation of several technology stocks. India was closed for the 556th birthday of Guru Nanak Jayanti, the founder of Sikhism and the first Sikh Guru.
US financial CEOs added to the AI pessimism with comments at the Global Financial Leaders’ Investment Summit following yesterday’s comments from Goldman Sachs CEO David Solomon, Morgan Stanley’s CEO Ted Pick, and Capital Group’s CEO Mike Gitlin.
