Global stocks fall, bonds gain as Meta dents tech optimism
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What happened
Meta also suffered a legal blow overnight, after a judge in New Mexico ordered the company to pay a US$25 billion penalty to the state in a data privacy case. (AFP pic) LONDON: Global stocks retreated on Thursday, as tech earnings' optimism provided only fleeting support and was offset by nagging concern over the outlook for AI, while stalemate in the Gulf pushed up oil prices. (Free Malaysia Today, 17:47)
The reporting
1 report
Photo: Free Malaysia Today Free Malaysia Today·News·EN·22 Oct, 17:47 MYTGlobal stocks fall, bonds gain as Meta dents tech optimism
Meta also suffered a legal blow overnight, after a judge in New Mexico ordered the company to pay a US$25 billion penalty to the state in a data privacy case. (AFP pic) LONDON: Global stocks retreated on Thursday, as tech earnings' optimism provided only fleeting support and…
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Timeline
- DetectedFirst detected (Free Malaysia Today) source
Where it started
How it spread
- Step 1News outletsFree Malaysia Today17:47
Internet reaction
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- Covered by 1 established outlet(s): Free Malaysia Today
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