Asian shares are mixed, US futures edge higher as AI fears drag Wall Street lower
Asian shares are mixed, US futures edge higher as AI fears drag Wall Street lower is drawing significant interest across the industry.
Shares are mixed in Asia as worries over risks linked to massive investments in artificial intelligence and a potential U.S.-Iran conflict weigh on major benchmarks. Tokyo's Nikkei 225 fell more than 1%, while Hong Kong's Hang Seng shed 0.6% as it reopened from Lunar New Year holidays. On Thursday, the S&P 500 slipped 0.3% and the Dow Jones Industrial Average dropped 0.5%. The Nasdaq composite lost 0.3%. Concern about whether AI competitors could steal customers away from various industries are roiling markets. Oil prices are climbing as both the United States and Iran signal they are prepared for war if talks on Tehran’s nuclear program fizzle out.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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