MANILA – Asian shares retreated on Friday, tracking Wall Street’s tumble to one of its worst days since April as Nvidia and other AI superstar stocks kept dropping on worries their prices have shot too high.
U.S. futures were nearly unchanged and oil prices advanced.
Recommended Videos
South Korea’s Kospi led the regional decline, falling 3.2% to 4,038.61 amid the global tech sell-off. Samsung Electronics shed 4.1% and SK Hynix was down 6.4%. LG Energy Solutions gave up 3.7%.
Taiwan’s Taiex lost 1.7%.
Japan's Nikkei 225 fell nearly 1.7% to 50,438.99, reversing the previous day's gains. SoftBank Group led the slide, plunging 5.7% amid losses in its technology and AI related investments.
In Chinese markets, Hong Kong's Hang Seng index shed 1.3% to 26,732.99, while the Shanghai Composi

ClickOrlando

CNBC
AlterNet
Associated Press US News
Face of Malawi
Raw Story
The Babylon Bee
Essentiallysports Motorsports