Veytics Intelligence
2026-10-30 · Yahoo

Asia stocks tumble as AI spending concerns deepen; BOJ holds rates

Investing.com-- Asian stocks tumbled on Friday, with artificial intelligence-related shares leading losses after disappointing results from U.S. technology companies, while the Bank of Japan held interest rates steady as expected. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The selloff followed a sharp decline on Wall Street, where Alphabet (NASDAQ:GOOGL) shares plunged after its quarterly results disappointed investors and renewed questions about the profitability of AI-related spending.

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