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Asian Stocks Retreat From Record on Tech, Oil Dips: Markets Wrap

(Bloomberg) -- Asian stocks fell alongside US equity-index futures as the AI-fueled rally that powered global equities to record highs lost momentum after a weak forecast from chipmaker Broadcom Inc.

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swissinfo.ch

straitstimes.com

independent.co.uk

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AI · summaries

swissinfo.ch3 mesi fa

Asian Stocks Drop After Broadcom Outlook, Oil Dips: Markets Wrap

Broadcom's weak guidance triggered a 14% plunge and halted the AI rally that powered global equities to records, with Asia-Pacific down 0.9%. Tech leaders face demand uncertainty for AI chips and growing concerns about frothy valuations after months of record highs.

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straitstimes.com3 mesi fa

Asia tech stocks slide as cracks emerge in AI rally

The sell-off was biggest in South Korea, where the Kospi index sank as much as 7 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

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Asian Stocks Retreat From Record on Tech, Oil Dips: Markets Wrap

Confronto fonti

Asian Stocks Drop After Broadcom Outlook, Oil Dips: Markets Wrap

Asia tech stocks slide as cracks emerge in AI rally

Timeline cronologica

Stocks Pare Losses to Hold Near Record, Oil Slips: Markets Wrap

Asian Stocks Drop After Broadcom Outlook, Oil Dips: Markets Wrap

Asian shares drop, with South Korea's Kospi down more than 5%