Global Market Today: From Wall Street to Asia, markets retreat as tech-led selloff sparks global risk aversion

Google parent Alphabet reported solid results on Wednesday, but it was targeting capital ‌expenditure of $175 billion to $185 ‌billion this year, sharply above analysts' estimates. Shares swung wildly - down over 6% at one point -before settling just 0.4% lower after-hours.Investors have been rotating out of technology ‌giants and into defensive stocks such as Walmart amid fears of AI disruptions to jobs. The recent selloff, triggered by a new legal tool from Anthropic's Claude large language model, has wi ...