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Big Tech stocks suffer biggest weekly drop since ‘liberation day’

By ChordNews · First written (updated )

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Summary

Big Tech stocks suffered their biggest weekly drop since “liberation day” as AI-trade jitters sent investors scrambling for government debt, halting a months-long Treasury sell-off, the Financial Times reports. This follows reports that investors sought shelter in Treasuries amid concerns about the sustainability of the AI boom.

This continues an earlier story: Treasuries rally as investors seek shelter from AI turbulence

Timeline

  1. Financial Times

    Source ↗

    The Financial Times reports that AI-trade jitters sent Big Tech stocks to their biggest weekly drop since “liberation day” and prompted investors to seek government debt, halting a months-long Treasury sell-off.

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