Seoul's Kospi index, which has hit multiple records this year thanks to its heavy tech presence, was in retreat

Seoul's Kospi index, which has hit multiple records this year thanks to its heavy tech presence, was in retreat

Asian stocks fell Thursday to track more losses on Wall Street, where tech firms were again under pressure as fears over vast AI investments and extended valuations gained momentum.

While the extreme volatility that greeted the start of the week has calmed, traders remained on edge over the impact of artificial intelligence on companies' bottom lines.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

Tags

Recommended for you