Brutal Markets Pivot On AI, Chips And Energy; Despite Earnings Hopes!

This is our weekly market update, where we start in the US, cross to Europe and Asia and end in Australia, covering commodities and crypo along the way. Share indexes tumbled around the world on Friday, despite strong results reported from the US banks on heavy trading, as heavyweight chip stocks plunged for a third consecutive day in a bear market. It’s starting to feel like this might be a real tipping point week for the global AI revolution. For all the hype and the huge share price jumps, there is a growing sense that the pinpricks in the bubble are […]