Asian stocks tumbled Friday as mounting AI-related debt, persistent inflation and rising bond yields spooked investors, wiping billions off regional markets, Nikkei Asia reported.
SoftBank plunged more than 8% as a global tech sell-off – echoing steep losses on Wall Street – swept through markets. The rout reflected rising investor anxiety that lofty valuations and the threat of higher interest rates could trigger deeper pain across the sector
Asian tech stocks tumbled on Thursday after a fresh wave of volatility in AI-linked names swept through the region, spooking investors into trimming positions and locking in profits amid rising concern that valuations have become overstretched
Asian tech stocks plunged as renewed scrutiny of DUV chip tools and convoluted circular share deals unnerved investors, laying bare regulatory vulnerabilities and igniting a sweeping regional sell-off