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The Straits Times·Business

Stocks slump, bonds leap as AI giants’ spending spooks investors

Summarised by Spiced Kopi · ·10 sec listen

Stocks slump, bonds leap as AI giants’ spending spooks investors

Investors moved toward safer assets as stocks fell and bonds rallied. The concern is that major technology companies are pouring huge sums into artificial intelligence without clear evidence those investments will generate enough profit to justify the spending.

Read the full report at The Straits Times

This card is an AI-assisted summary of reporting published by The Straits Times. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.