AI stocks bounce back after trillions wiped from market values

BBC News · Rachel Clun ·

Investors had been selling off tech shares in part due to concerns the Democrat election victory would mean slower AI development.

AI stocks climb after trillions wiped from market values

Shares in artificial intelligence and technology firms have started to climb following an enormous sell-off on Thursday that wiped trillions of dollars off stock values.

The tech-heavy Nasdaq stock index opened higher following a market rout that began in the US on Thursday before spilling over to Asian and European markets into Friday.

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