Global Stocks Sink on Renewed AI Jitters
About this episode
Global markets are declining due to concerns over AI growth, with significant impacts on tech stocks, while geopolitical tensions rise between Israel and Iran.
A.M. Edition for June 8. Markets across Asia and Europe are falling, tracking Friday’s Wall Street rout. WSJ editor Peter Landers says tech stocks–especially in South Korea–are being especially hard hit amid “extraordinary sensitivity” among investors over the outlook for future AI growth. Plus, Israel and Iran exchange fire for the first time in months. And Apple prepares to unveil a ChatGPT-like revamp of its Siri voice assistant in a bid to catch up in the AI race. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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