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US tech stock rout: is the AI bubble bursting?

The Guardianby Richard Partington Senior economics correspondentOpen original ↗

After Thursday’s share price plunge on Wall Street, could the volatility be the start of a huge market meltdown?

Global financial markets have been thrown into a tailspin as investors bet on an AI slowdown after the US midterm elections.

This is not the first time stock markets have wobbled in recent months due to concerns over a tech bubble. But could this volatility be the start of a huge market meltdown?

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