WS #13512
Holding: newest synthesis is 96d 8h old
Asian and US tech stocks fall on profit-taking and AI spending worries, with SpaceX -13.6%, AMD -7%, Alphabet -4%, while Nvidia rises 3% on Musk endorsement. Alphabet announces Demis Hassabis steps down as DeepMind CEO to become chief scientist, with Jeff Dean leaving, signaling strategic shift in AI leadership.
Tech selloff and AI capex concerns
Asian and US tech stocks fall on profit-taking and AI spending worries, with SpaceX -13.6%, AMD -7%, Alphabet -4%, while Nvidia rises 3% on Musk endorsement.
Alphabet announces Demis Hassabis steps down as DeepMind CEO to become chief scientist, with Jeff Dean leaving, signaling strategic shift in AI leadership.