Asian stocks slip as tech shares struggle over AI costs
Asian shares fell and technology stocks struggled on Friday as investors worried about elevated bond yields and massive AI spending. Rising energy prices and debt concerns further weighed on global market sentiment.
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Asian stocks fell 0.16% on Friday, tracking a second straight weekly drop amid escalating energy costs and surging artificial intelligence funding needs. The regional pullback followed a 1% decline in Japan's Nikkei index. Investors are recalibrating portfolios as elevated borrowing costs and high AI capital expenditures pressure corporate balance sheets.
