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Blue-wave AI regulation fears wiped $3.5T off global market cap

Thursday's selloff on fears a Democratic Congress will tighten AI and data-center rules erased $3.5 trillion in global market value, according to Nikkei analysis cited by Chosun. Nasdaq fell 5.52% — its worst daily drop in 19 months — with about $2.5 trillion lost among Nasdaq-listed companies; Asian markets followed lower Friday before Wall Street mostly rebounded.

Source: Chosun

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