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▸ Wall Street’s AI stocks retreat as investor jit­ters reignite over valu­ations

▸ Euro notches fourth suc­cess­ive day of gains to hit highest level since Octo­ber

▸ Oil prices ease as Zelenskyy says he will give up Nato mem­ber­ship demand

Stocks linked to arti­fi­cial intel­li­gence mostly fell yes­ter­day, con­tinu­ing last week’s sell-off as investor jit­ters reignited around AI share valu­ations and high cap­ital spend­ing.

Chip­maker Broad­com was down 4.8 per cent by early after­noon in New York, hav­ing plunged more than 15 per cent in the three trad­ing days since last week’s record high. Oracle was down 2.8 per cent, also extend­ing last week’s falls.

Shares in the two com­pan­ies have fallen heav­ily since both repor­ted res­ults last week amid resur­gent con­cerns around AI-linked com­pan­ies’ soar­ing invest­ments in infra­struc­ture.