Tech stocks suffer bloodbath as US midterms fuel AI fears

Jamaica Observer ·
Business Global

LONDON, United Kingdom (AFP) -- Technology shares plunged Friday after an unnerving rout on Wall Street as fears grew that Democrats would accelerate a backlash against AI after their crushing defeat of President Donald Trump's Republicans in the US midterms. The Tokyo and Seoul stock markets closed out their weeks with losses of six percent following the Nasdaq's 5.5 percent collapse on…

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