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"AI systems were built on data that was stolen." Max Richter tells Mishal Husain that human composers should get paid when AI uses their work to make music. (Source: Bloomberg)

More than 100 protesters broke into a data center construction site for Microsoft Corp. in Amsterdam on Friday, part of wider coordinated action planned across Europe against such facilities through the weekend.

Households squeezed by high grocery and gas prices are facing another hit: rising costs for home repairs and upgrades.

One of the few Wall Street strategists to turn cautious on stocks ahead of Thursday’s selloff warned that a potential Anthropic PBC debut may prove a more decisive event than the US midterms.

The Pentagon has tasked US robotics startup Machina Labs with trying to mass-produce cheap attack drones in quickly assembled modular factories as autonomous systems continue to change modern warfare.

US stocks logged their biggest weekly loss since April 2025 on concerns over the artificial intelligence trade after Democrats swept the US midterm elections.

Bitcoin settled near recent lows after a bruising selloff on Thursday swept through cryptocurrencies and other risky assets, pressured by lackluster chipmaker earnings and a Democratic sweep of Congress.

Sector stocks plunged over questions about whether the AI boom can continue

Sebastien Page, T. Rowe Price co-head of global investments and CIO, says there are still buying opportunities in the market and there was no real trigger for this wide selloff. Page says it's a good time to invest in hyperscalers and semiconductors. (Source: Bloomberg)

AI investments are so pervasive that market routs are nearly everyone’s loss

TikTok moved one step closer to a new European Union fine after regulators found its video-recommendation algorithm pushes users down “rabbit holes” of potentially harmful content, escalating an almost three-year probe into the video-sharing app.

Wall Street’s biggest trading desks spent weeks arguing that the stock-market rally would resume once the election was over. On Thursday, that call backfired spectacularly.Max Kettner, HSBC’s Chief Multi-Asset Strategist, argues that the sharp selloff in AI and US equities does not yet point to a fundamental break in the trade. He explains why positioning and forced selling may be driving the volatility, and how he is thinking about AI valuations — including why he’d be comfortable with an Anthropic IPO valuation below $1 trillion. (Source: Bloomberg)

Nvidia Corp. is stepping up monitoring of AI accelerators sold in Southeast Asia, a strategic step to curtail semiconductor smuggling after criticism it hasn’t done enough to stop shipments from illegally reaching Chinese companies.

Japanese Prime Minister Sanae Takaichi announced an emergency cybersecurity package on Friday, seeking to spearhead a more proactive stance to counter cyberattacks following a spate of security breaches that have rocked Japan Inc.

Max Kettner, chief multi-asset strategist at HSBC Bank, discusses the global stocks rout as uncertainty around the AI trade mounts. Market stabilization could hinge on the Anthropic IPO, Kettner tells Bloomberg Television. "Let's see in the next two weeks if that goes through, that will give us some sort of relief," he says. (Source: Bloomberg)

Property platforms Rightmove Plc and Scout24 SE both raised their outlooks, saying artificial intelligence-powered products are helping them unlock new revenue streams and steer through subdued housing markets.

Anneka Treon, global head of private banking, wealth management and investments at ING, says companies across technology and other industries continue to report tangible value from AI and a desire to invest further, indicating strong demand. "Has all of that been derailed because of the news of the last two days? I think that would be a bit overstated," she tells Bloomberg Television. (Source: Bloomberg)

Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)

The South Korean won and Taiwan dollar offer buying opportunities after the artificial intelligence-driven equity selloff, according to Bank of America Corp.

Europe’s diversified stock market has suddenly become one of the most attractive trades around, as global investors seek to shed artificial intelligence exposure.