Geopolitics Alpha

European stocks join global rout as AI fears mount

Published . Updated .

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

European stocks join global rout as AI fears mount

S&P 500 companies lost a record $2.9 trillion (€2.6 trillion) in market value on Thursday. European shares opened lower on Friday as investors weighed whether Democrats’ US midterm wins could lead to tougher rules on AI data centres.

Directly affected

  • No company is named in this report.

Indirectly affected

  • QQQ Invesco QQQ

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”).

  • MSFT Microsoft

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • GOOGL Alphabet

    Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • AMZN Amazon.com

    Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • META Meta Platforms

    Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
QQQ+6.56%+5.75%baseafter closeafter closeafter closeafter close
AIQ+6.96%+5.95%baseafter closeafter closeafter closeafter close
VGK-0.95%-0.91%baseafter closeafter closeafter closeafter close
MSFT-2.67%-2.88%baseafter closeafter closeafter closeafter close
GOOGL-0.97%-0.97%baseafter closeafter closeafter closeafter close
AMZN-7.79%-3.81%baseafter closeafter closeafter closeafter close
META+1.58%+2.57%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

European stocks join global rout as AI fears mount Euronews.com

Source: euronews.com

This story

CompanyWhenMoveStatus
AIQthree days earlier+5.95%final price
AIQfive days earlier+6.96%final price
AMZNthree days earlier-3.81%final price
AMZNfive days earlier-7.79%final price
GOOGLthree days earlier-0.97%final price
GOOGLfive days earlier-0.97%final price
METAthree days earlier+2.57%final price
METAfive days earlier+1.58%final price
MSFTthree days earlier-2.88%final price
MSFTfive days earlier-2.67%final price
QQQthree days earlier+5.75%final price
QQQfive days earlier+6.56%final price
VGKthree days earlier-0.91%final price
VGKfive days earlier-0.95%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “European stocks join global rout as AI fears mount” looks

12 out of 100

“European stocks join global rout as AI fears mount” scores 12 out of 100. The score uses 1 sources.