Technology

AI stocks climb back after trillions wiped from global markets

RecentNews.uk

01

Tech shares and AI stocks recovered slightly after a global market rout wiped trillions of dollars.

02

The sell-off was partly triggered by fears that US midterm election results would lead to stricter AI regulations.

03

Strong US employment figures adding 165,000 jobs helped stabilize market sentiment.

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UK markets felt the strain with the FTSE 100 declining 1.01% amid broader economic pressures.

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