Stocks waver as worries build over billions being spent on Artificial intelligence
London: European stock markets mostly recovered Friday after a mixed performance in Asia following a rout among technology heavyweights on Wall Street, triggered by growing unease about the billions being spent on artificial intelligence.
The selling hit other assets, with Bitcoin falling further and wiping out all the gains built up since Donald Trump’s US presidential election win.
The digital currency plunged near $60,000 before paring losses, and has shed around half its value since touching a record high above $126,000 in October.
