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اقتصاد سكاي نيوز عربية
Market losses as AI gains traction
The article points to a sharp decline in the stock, gold, silver, and Bitcoin markets due to major crashes. American stocks have lost over $3.3 trillion since the beginning of June, and gold has entered a bear market after losing a quarter of its value. Silver dropped by more than 40 percent. Meanwhile, car manufacturers, especially General Motors and Ford, are moving toward investing in artificial intelligence and revitalizing their businesses through factory conversions and data center development, with Tesla leading the way in this field. Additionally, the performance of cryptocurrencies has weakened, as investors turn to the technology and artificial intelligence sectors for profits, amid fears of expected market volatility driven by changes in stock indices and listing rules.
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