Amid fears of an AI bubble, much has been made of recent reports suggesting that AI has yet to generate returns for companies investing billions into the tech.

China's slowdown worsened in October, dragged by soft consumer demand and a deepening property downturn, with the long holiday period further denting factory activity.

Not having concrete information means it's hard to make decisions. That's a difficulty both the Fed and investors face now.

Shares of SoftBank Group plunged over 8%, marking its third straight day of selloff after the Japanese giant said it had sold its entire stake in Nvidia.

Asia-Pacific markets are set to open lower on Friday, tracking losses on Wall Street as technology stocks continue to come under pressure for another day.