AI Markets Retreat: Global Investors Pull Money

Global investors are rapidly withdrawing funds from Asias AI markets, with Taiwan and Korea experiencing the heaviest sell-offs in at least seven months. This retreat is due to high valuations, decreased risk appetite, and waning hopes for a Fed rate cut. Despite strong long-term AI fundamentals, short-term sentiment is pulling back, with some experts viewing this as a healthy profit-taking move. Japans stocks are also feeling the impact, with foreign investors selling two billion dollars in the past six weeks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.