Tech stocks struggle on AI spending worries, elevated yields
SINGAPORE: Asian stocks slipped on Friday and were poised for a second straight weekly drop as investors fretted about elevated energy prices, bond market ructions and the huge sums needed to fund AI investment. Brent crude futures were at $103.70 per barrel...
SINGAPORE: Asian stocks slipped on Friday and were poised for a second straight weekly drop as investors fretted about elevated energy prices, bond market ructions and the huge sums needed to fund AI investment. Brent crude futures were at $103.70 per barrel in Asian hours after surging more than 4% in the previous session on concerns over the war in the Middle East that has fanned inflation worries and led to hig...