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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.
AI Summary
AI and technology shares began rising after a massive sell‑off on Thursday erased trillions of dollars in market value. The downturn started in the United States on Thursday and then spread to Asian and European markets on Friday. In response, the tech‑heavy Nasdaq index opened higher, indicating the rebound in AI‑related stocks. The recovery follows the broad market rout that impacted global equities.
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