AI rout

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AI rout wipes $3tn off Wall Street as Asia stocks sink

AI rout wipes $3tn off Wall Street as Asia stocks sink

It lands as Democrats have won back Congress As investors bet a Democrat-controlled Congress will slow America’s AI boom, an AI rout wiped $3 trillion off Wall Street overnight, dragging Asian markets lower. On Friday morning, Asian markets sank further after Wall Street posted its steepest tech sell-off since April 2025. Overnight, the Nasdaq closed […]

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