Stocks tumble as stretched valuation fears grip markets - Reuters
AI Summary1 min read
TL;DR
Stocks fall globally due to fears of overvaluation, with AI and chip stocks leading losses. Major declines in Asia and the US erase billions in market value.
Tags
stocksvaluationAImarket selloffchip stocks
- Stocks tumble as stretched valuation fears grip markets Reuters
- SoftBank wipes out about $32 billion in market cap as Asian AI stocks slide on valuation jitters CNBC
- Red wave in Asia: Japan and South Korea stocks slump as Wall Street's AI rally runs into valuation reality MSN
- Morning Bid: Pyrotechnics in stocks and US elections Reuters
- Global Chip Selloff Erases $500 Billion in Value as Fears Mount Bloomberg.com