The Daily Zurich

Zurich news, every day

Finance

Latest finance from The Daily Zurich.

AI Reckoning Hits Markets as Nasdaq Sinks 4.6 Per Cent

Finance

Updated 40 min ago

AI Reckoning Hits Markets as Nasdaq Sinks 4.6 Per Cent

A brutal session for technology stocks is forcing investors to reassess how artificial intelligence actually generates returns, with consequences that reach from Wall Street to Zurich's banking giants.

By Zurich Markets Desk · 29 June 2026