US EditionGlobal Stocks in Meltdown as Wall Street Bails Out of Crypto and AI: ‘The Bubbly Is on Ice’
Investors pulled back amid concerns AI gains may be a bubble and crypto demand collapsed, with Bitcoin dropping 24% this month, UBS said.
7 Articles
7 Articles
Nvidia's flawless earnings report seemed to give the market a new boost, but the initial rise was completely reversed by the price, and then it finally closed significantly lower, along with the leading US stock indexes. Investors are apparently still worried about excessive spending on artificial intelligence, while the chances of a US interest rate cut in December have also decreased, which has put the market under pressure again. The US rever…
Global markets are facing their worst week in seven months, as nervousness over high valuations and doubts about whether colossal... Global market shock: $2.7 trillion bleeds in a few hours – Can it stop? - ΙΝΑΦΤΕΜΟΡΙΚΙ
Not a good sign: After the euphoria about good Nvidia figures, the stock markets worldwide are turning into a minus. AI and crypto burden. The post stock markets crash – AI and crypto – Insight into the market mood appeared first on financemarktwelt.de.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
