AI spending surges are triggering Wall Street repricing, with bubble fears resurfacing as Oracle shares plunge over 50% from peaks and Microsoft drops 11% after earnings.
FTSE 100 Live 30 January: Gold retreats ahead of Fed choice, AstraZeneca strikes China deal - ...
Asian shares have closed lower after a day of dramatic swings on Wall Street that included Microsoft's worst drop in nearly six years. Oil prices dropped and the prices of gold and silver weakened.
Gold prices went haywire. A 9.4 percentage point swing in gold futures prices between the intraday high and low was the largest range since April 2013, acco ...