Rolling coverage of the latest economic and financial news, as shares fall across Asia and bitcoin hits a seven-month low

Rolling coverage of the latest economic and financial news, as shares fall across Asia and bitcoin hits a seven-month low

Bitcoin price at lowest level since April while FTSE 100 falls as Google boss warns there is ‘irrationality’ in AI boom

Several AI-linked stocks gave up more ground as major indexes dropped in a fourth-straight trading session.

Once asset light businesses have morphed into capex-heavy hyperscalers, leading to investor concern.