Latest / Tulsa News Today | 2 Min News | The Daily News Now!
Asian Tech Slumps Amid AI Valuation Fears | Tulsa News
Asian markets opened with a mixed bag as tech stocks tumbled in Japan and South Korea amid growing concerns over AI company valuations, with SoftBank and Samsung Electronics leading the declines. Meanwhile, Hong Kong, Shanghai, and Australia posted gains, while Taiwan rebounded slightly. Geopolitical tensions flared as Iran launched new attacks on Bahrain and Kuwait following U.S. airstrikes, adding to global uncertainty — though oil prices held steady. U.S. futures edged higher, and the dollar strengthened against the yen, as investors brace for more volatility in both tech and global…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.