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2026-10-13T05:43:03.442Z

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AI concerns deepen stock losses

AI concerns deepen stock losses

The global stock market index declined significantly amid rising concerns about the impact of artificial intelligence on the market. Technology stocks, especially in Asia such as South Korea, experienced sharp drops of up to 6.2%, with major companies like Samsung and SK Hynix seeing declines. This has led to a decrease in investor confidence as the U.S. earnings season approaches, amid questions about whether this technology will generate worthwhile returns despite substantial investments in it. Meanwhile, U.S. Treasury bonds rose amid fears of an AI bubble, with the ten-year bond yield dropping to 5.19%. Ongoing market tensions reflect investors' worries about performance and profit volatility, even as pressures on global equities increase despite nearing record levels.

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