WS #12263
Japanese stocks enter correction, Nikkei down >10% from peak, Kioxia down 16%, Nasdaq futures drop 2.08% as chip stocks rout continues. Meta's Muse Image pulled after 72 hours on consent failures, scraping user likeness without permission, posing regulatory exposure. KeyBanc downgrades Apple to underweight with $250 target, citing iPhone growth risks and expensive valuations.
Global Tech Selloff Deepens
Japanese stocks enter correction, Nikkei down >10% from peak, Kioxia down 16%, Nasdaq futures drop 2.08% as chip stocks rout continues.
Meta's Muse Image pulled after 72 hours on consent failures, scraping user likeness without permission, posing regulatory exposure.
KeyBanc downgrades Apple to underweight with $250 target, citing iPhone growth risks and expensive valuations.