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Stock markets tumble amid jitters over tech companies’ growth
news.movim.eu / TheGuardian · 2 days ago - 12:36
Losses in Europe and Asia are driven by AI-related groups including Nvidia, Tesla and Google-owner Alphabet
Stock markets in Europe and Asia took a tumble on Thursday, as jitters over the future growth of major tech companies sparked a global sell-off.
The pan-European Stoxx 600 dropped 1.3% to its lowest level since May this year, having been hit by a 2.75% decline in the Dutch chipmaker ASML, a 5.5% drop in Germany’s Infineon Technologies, and a 12.8% fall in Switzerland’s semiconductor company STMicroelectronics.
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