CNN July 17, 2026 • 11:58

Nasdaq drops 1% after China’s latest AI breakthrough rattles tech stocks - CNN

By John Towfighi, Chris Isidore

Nasdaq drops 1% after China’s latest AI breakthrough rattles tech stocks - CNN

Stocks in Asia and the United States fell Friday after technological advances announced by a Chinese artificial intelligence company intensified concerns that the AI spending spree driving this year’s market rally could be at risk.

Stocks in Asia and the United States fell Friday after technologicaladvances announced by a Chinese artificial intelligence company intensified concerns that the AI spending spree driving this years … [+4136 chars]

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