Artificial intelligence (AI) news

Artificial intelligence is transforming finance. AI algorithms analyse data, predict trends, and automate trading. Companies involved in the development of artificial intelligence are impacting market efficiency and potentially increasing volatility in the global economy.

Asia open: Tech rout and geopolitical volatility ignite risk-off

Global markets turned risk-off as technology stocks extended their recent correction, geopolitical tensions between the US and Iran resurfaced, and investors prepared for key US inflation data. Semiconductor shares remained volatile amid concerns over AI valuations and liquidity pressures from upcoming mega-IPOs such as SpaceX and OpenAI. Meanwhile, Bank Indonesia surprised markets with an emergency rate hike, while the Bank of Japan signalled flexibility on bond market support.

10-06-2026 04:57 GMT by Kelvin Wong

Chart alert: SPX 500 weak market breadth and Fed rate hike fears signal further downside risk

The S&P 500 is showing signs of increasing vulnerability as weak market breadth, rising Treasury yields, and growing expectations of Federal Reserve rate hikes weigh on investor sentiment. Despite a strong rebound in semiconductor stocks, only a handful of sectors participated in the recovery. Technical indicators, including a bearish divergence in the NYSE Advance/Decline line and resistance at the 20-day moving average, suggest further downside risks for US equities in the near term.

09-06-2026 07:46 GMT by Kelvin Wong