AIYahoo Financeabout 6 hours ago
Tech rout halts AI rally as Broadcom outlook disappoints
1 min read
Broadcom's disappointing earnings forecast and a strong U.S. jobs report trigger Fed rate hike expectations, causing a tech selloff. South Korea's KOSPI drops 8.3% amid Asia-wide equity declines. European stocks stabilize as Iran signals end to military operations against Israel. Brent crude futures rise 1.5% after initial spike.
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