Asia: Tech shares slumped in Asia on Friday, the yen rose and bonds surged toward their biggest monthly gain in nearly three years as investors scurried to safety against worries that huge and rising AI spending may not deliver sufficient returns. Shares in Google parent Alphabet fell 12.6% on Wall Street and slid a little (…)
The post Stocks slump, bonds leap as AI giants' spending spooks investors appeared first on Revoi.in.