S&P 500 · SPY
772.31
▲ +2.65 (+0.34%)
DOW JONES · DIA
524.68
▲ +1.40 (+0.27%)
NASDAQ · QQQ
725.61
▲ +4.36 (+0.60%)
GOLD · GLD
$373.51
▲ +1.23 (+0.33%)
OIL (WTI) · USO
$166.57
▲ +2.69 (+1.64%)
BITCOIN
$79,829.34
▼ -1,194.44 (-1.47%)
--:--:--
NYSE · Live ET

China’s tech darlings are losing their shine. Here’s what’s behind the sell-off

China's tech rally is being tested as as investors question whether AI profits can justify lofty valuations.

Summary from the CNBC news feed. Copyright belongs to CNBC.

Read full story at CNBC ↗

Opens in a new tab, so Investz stays open.

Related on Investz

More headlines

All news
CNBCSamsung Electronics shares slid despite record profit in the third-quarterMarketWatchWhy Alphabet’s stock could see its worst drop in years after the latest resultsCNBCMicrosoft’s strong quarter backs up its stock rebound. Here's our new price targetMarketWatchLumentum’s stock pops as investors cheer a possible sale to MarvellCNBCCoreWeave and other neocloud stocks drop after Microsoft capex comes in below expectationsMarketWatch‘Just watch Judge Judy’: I’m in my 70s. Why do people keep making the same avoidable financial mistakes?

Headlines and summaries come from publishers’ public news feeds and are shown with attribution and a link to the original. Investz does not write or endorse them and they are not investment advice. Disclosures.