Global stocks slip after sharp reversal on Wall Street
European and Asian markets fall after Nasdaq and S&P 500 sink on Thursday amid concerns over AI valuations
European and Asian markets fall after Nasdaq and S&P 500 sink on Thursday amid concerns over AI valuations

Decline in Asian markets led by companies most exposed to demand for artificial intelligence

Bullish forecasts come despite recent investor jitters over tech spending and potential bubble in AI sector

Cautious comments from top bank executives add to jittery sentiment on Wall Street

Investor concerns over lofty valuations for artificial intelligence companies hits sentiment

Nasdaq falls 3% over the five-day period as investors worry about sky-high valuations

Warning from OpenAI’s Sam Altman and MIT paper puncture Wall Street’s enthusiasm