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Tag: Tech stocks

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Tech stocks crash as AI regulation fears hit after midterms
File photo: NYSE trading floor, Carol M. Highsmith, public domain / Library of Congress
NEW Business · 06:49

Tech stocks crash as AI regulation fears hit after midterms

Global tech stocks plunged on 5 November after US midterm results raised fears of tougher AI and data-centre rules, with the Nasdaq falling more than 5% and wiping an estimated $2–2.5 trillion in market value, according to BBC and NPR citing market data.

Source: BBC; NPR; AP