US tech stocks tumble as investors fret over AI spending
Tech-heavy Nasdaq falls 2.6 percent as debate rages over whether AI is a bubble.

Tech-heavy Nasdaq falls 2.6 percent as debate rages over whether AI is a bubble.









The benchmark S&P 500 is up 14 percent this year despite elevated oil prices and US government debt sell-off.
Trump said former Fed chair Jerome Powell should resign anyway.
Gold hits seven-week low; silver follows suit and records a nearly 5 percent loss.
Brent crude rises more than 3 percent to top $107 a barrel as Washington dismisses Tehran’s proposal to end war.
Conflict began in February when Anthropic refused to remove restrictions on use of Claude for fully autonomous weapons.
Brent crude tops $106 a barrel after Iran-aligned rebel group claims to have successfully attacked Aramco facilities.
New York attorney general accuses prediction market platform of targeting ‘most vulnerable’ residents.
Investors shrug off AI safety concerns and Iran war, sending market to a new peak.
Buffett will become chairman emeritus immediately and his son Howard will become chairman.
Bank of Japan raises benchmark interest rate from 1 to 1.25 percent, pledging to help counter inflation risks.