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On Wednesday morning, a significant selling wave began on Asian stock exchanges, driven by the high valuation of AI stocks and concerning investments in the technology sector. In Europe, the day started positively, but indicators declined in the morning, and a trend emerged in the afternoon. In the United States, there were significant declines after the Fed’s interest rate decision. After the market close, Microsoft reported positive results, while Meta reported negative results, surprising investors.
A significant selling wave swept through Asian stock markets on Wednesday morning, following renewed concerns about the high valuations of AI stocks and the soaring investments in tech companies. In contrast, the day started positively in Europe, but a downturn arrived in the morning, and by the afternoon, a trend emerged. A significant decline was also seen in the US following the Fed’s interest rate decision. After the close, Microsoft and Meta delivered somewhat surprising results for investors.
