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Japan's Nikkei falls as AI doubts, bond stress weigh
TOKYO: Japan’s Nikkei 225 fell sharply on Friday as doubts about the red-hot AI sector emerged and stress in global bond markets weighed on sentiment. The Nikkei 225 slid 1.06% to 68,308.92 in early trading, poised for a slight weekly decline. The broader Topix slipped 0.24% to 4,081.62. US equity indexes fell overnight, dragged lower by technology companies after a Financial Times report said OpenAI’s annualized revenue was $20 billion less than the company previously signalled. Euro zone borrowing costs remained elevated as a surge in oil prices intensified inflation, and concerns lingered o...
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