World stocks, led by Wall Street, experienced a sharp drop in skittish trading this week, with major benchmarks experiencing a selloff as investors offloaded risk assets. Worries persist about a bubble in artificial intelligence-related shares, and some better-than-expected U.S. jobs data has raised the likelihood that the Federal Reserve will hold off on an interest rate cut in December. Many investors have been counting on rate cuts to drive markets higher. Attention is als

Artificial Intelligence (AI) stocks seemed to be losing their momentum on Thursday, pulling world markets into decline. Questions about how they will maintain the high spending levels, and questions of when revenue and profit will catch up with the massive investment in new data centres have been troubling the sector.  The TSX closed at a new all-time high on Wednesday but then dropped 574 points (1.86%) on Thursday. The Venture exchange had risen to its highest in four years

World markets were looking to recover, but global stocks struggled through a negative week as investors worried about stretched valuations following losses among influential technology stocks, especially AI‑linked names that have begun to show signs of fatigue, and the longest shutdown in US history, which has now lasted over 37 days and counting. The TSX struggled through the week with uncertainty surrounding the Federal budget. On Tuesday, the finance minister presented a 4