Stocks tumble as stretched valuation fears grip markets ReutersSoftBank wipes out about $32 billion in market cap as Asian AI stocks slide on valuation jitters CNBCTranscript: AI bubble worries spread to Asia Financial TimesGlobal Chip Selloff Erases $500 Billion in Value as Fears Mount BloombergAsia Markets Drop
Global stocks drifted
lower on Thursday as an increase in new coronavirus cases in
some U.S. states and China crushed hopes of a swift world
economic comeback from the pandemic.
