Tech stock sell-off accelerates; SoftBank drops 6% as investors sour on AI-linked names

Tech stock sell-off accelerates; SoftBank drops 6% as investors sour on AI-linked names

Sinology | Moment | Getty Images Tech stocks in Asia and Europe extended their sell-off Monday, as investors soured on global AI-linked plays after the U.S. tech-heavy Nasdaq declined more than 4.5% last week. Memory chip behemoths and heavyweights on South Korea’s Kospi Index, Samsung Electronics and SK Hynix, ended Monday’s trading session down 10.18%…

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CoreWeave's IPO lockup expires Friday for holders of 80%+ of its Class A shares; its stock plunged 33% in the two days after its Q2 earnings amid selloff fears (Carmen Reinicke/Bloomberg)

CoreWeave's IPO lockup expires Friday for holders of 80%+ of its Class A shares; its stock plunged 33% in the two days after its Q2 earnings amid selloff fears (Carmen Reinicke/Bloomberg)

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