Global stock markets fall as concerns persist over tech firms at heart of AI boom

Drops follow sharp sell-off of US tech stock last week while oil prices jump after Iran and Israel exchange strikes Business live – latest updates Global stock markets have fallen amid concern about the prospects for tech stocks while oil prices have risen as attacks in the Middle East stoked fears that a fragile truce in the region could break. Stock markets in Asia and Europe fell on Monday after a sharp sell-off in US tech stocks late last week, as investors fretted over how companies at the forefront of the artificial intelligence boom would fund their “eye-watering” spending plans. Continue reading...