Global Stocks Stabilise as Technology Shares Recover from AI Rout
Global equities recovered as the S&P 500 and Dow advanced, but AI financing concerns and elevated borrowing costs kept technology shares volatile.
Trusted Insights. Asian Perspective.
Shell is considering a proposed sale of about 70 French mobility sites and eight LNG installations to DCC Energy, with completion targeted for 2027.
A sharp sell-off in AI-linked shares has shifted investor attention from computing demand to debt, funding costs and data-centre execution risk.
US equities ended higher as healthcare and materials offset continued weakness in AI-linked technology shares after a volatile global session.
Brent and WTI crude fell more than US$1 as investors balanced Middle East supply threats against weaker global oil-demand expectations.
Schroders favours selective intermediate-duration bond exposure while warning that higher all-in yields do not necessarily provide greater compensation for credit risk.
Anthropic will connect Claude to official US voting information and current election results while strengthening safeguards against election-related misuse.
Bursa Malaysia's benchmark index advanced for a fourth session as bargain hunters returned to banking heavyweights and the broader market stayed mostly positive.
San Francisco Fed President Mary Daly says further interest-rate increases may still be needed to contain inflation, but policymakers have time to assess the economy before acting.
Kamala Harris says governments, developers and the United States and China must move faster on safeguards for AI-related cyber, weapons and control risks.
Anthropic’s experiments suggest small AI models are nearing the ability to replicate across connected devices, sharpening security and investment questions.