Almost $1 trillion has been erased from the value of Wall Street’s largest technology companies this week, as investors grow increasingly wary of soaring valuations linked to artificial intelligence.
Almost $1 trillion has been erased from the value of Wall Street’s largest technology companies this week, as investors grow increasingly wary of soaring valuations linked to artificial intelligence.
Global stock markets fell sharply on Wednesday amid mounting concerns that the artificial intelligence boom has driven valuations too high, with more than $500 billion (£384 billion) wiped from the
Donald Trump has detonated a fresh shockwave through global markets by announcing sweeping new 100% tariffs on Chinese imports to the US, set to take effect on November 1.
Donald Trump and Chinese President Xi Jinping held talks on Thursday amid escalating tensions over trade tariffs.
China has accused the Trump administration of violating the recent trade agreement with the US, marking a fresh escalation in the tariff war between the world’s two largest economies.
Donald Trump has accused China of “totally violating” its trade agreement with the United States, reigniting tensions between the world’s two largest economies just weeks after a tentative easing of
Trump Claims Xi Called Him Amid Conflicting Signals on Tariff Talks
Donald Trump has reiterated his claim that the United States is engaged in active discussions with China over tariffs, despite Beijing’s official denials.
Wall Street’s “fear gauge” jumped 14% today as traders grew increasingly anxious over Donald Trump’s trade war and its potential to push the US into recession.
Fears that Donald Trump’s policies could harm the US economy have weighed on major US tech giants this year.