Tech Stocks Face Pressure Amid AI Investment Fears and Rising Yields
Global tech stocks fall as investors worry over AI spending, rising yields, and energy costs. Market volatility continues.
POLICY WIRE — City, Country — Global technology stocks faced pressure on Friday as concerns over soaring AI development costs and elevated bond yields weighed on investor sentiment.
Asian markets saw declines, with shares slipping for a second consecutive week due to worries about high energy prices, instability in the bond market, and the massive capital required for artificial intelligence projects.
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Brent crude oil futures rose to $103.70 per barrel in Asian trading hours, following a more than 4% increase in the prior session, fueled by fears of regional conflicts that have heightened inflation risks.
Reporting by Policy-Wire (PW)





