Investors reassess AI prospects
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Kia ora.
Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from interest.co.nz.
Today we lead with news that while the tech industry is driving key parts of global trade, investors are pulling back from funding the splurge.
But first in the US, initial jobless claims came in at 170,300 last week, a +12,000 rise from the previous week but about what seasonal factors would have anticipated. There are now just over…
The skinny
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