Fears of an AI bubble send stocks lower with tech leading the way

There has been no obvious trigger for the pullback in AI-related share prices. Photo: Bloomberg

Lawrence White and Dhara Ranasinghe

Reuters

Tech-heavy stock markets were heading for their biggest weekly fall in seven months yesterday, as investors fretted over the sustainability of a rally in artificial intelligence stocks.

Weaker-than-expected China trade data also showed how hard US president Donald Trump’s tariffs have hit.

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