Indian markets saw a dip mirroring global trends. The Nasdaq experienced its largest weekly fall since April due to concerns over artificial intelligence stock sustainability. U.S. Treasury yields also declined. China’s trade data showed the impact of tariffs. Bitcoin saw a weekly decline but gained on the day. Major U.S. indexes recovered some losses late in the session.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays