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AI Stocks Crumble Amid Global Woes | Anchorage News
Published 2 weeks, 6 days ago
Description
The AI hype is cracking under pressure as chip stocks like Nvidia tumble, dragging down the Nasdaq despite strong earnings from healthcare giants. Global markets feel the ripple, with South Korea’s tech titans dragging indices lower after a rate hike, while Middle East tensions push oil prices up—potentially forcing the Fed to raise rates and adding more uncertainty to an already shaky tech rally.
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