Asian markets opened lower as concerns over technology company earnings and massive AI spending sapped risk sentiment. South Korea, a key AI player, saw a significant slump, mirroring Wall Street’s tech-led decline. Investors are debating AI exposure amid skepticism about valuations and the technology’s ultimate consumer adoption.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest