Asia Stocks Sell Off As AI Rout Deepens
Channel: Bloomberg Television
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Read a transcript preview of “Asia Stocks Sell Off As AI Rout Deepens” from Bloomberg Television, uploaded on 2026-11-06.
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Language: English (creator captions)
[0:16] ♪ >> THIS IS THE ASIAN TRADE.
[0:19] I'M ANNABELLE DROULERS IN HONG KONG.
[0:24] ASIAN STOCKS SUFFER LOSSES AFTER A U.S. TECH ROAD RACES A RECORD
[0:30] 2.3 TRILLION DOLLARS OF MARKET VALUE.
[0:32] INVESTORS DE-RISKING ON SIGNS DEMOCRATS WILL USE CONGRESSIONAL
[0:34] MAJORITY TO CLAMP DOWN ON THE AR INDUSTRY.
[0:39] THE STATE DEPARTMENT DENIES MARCO RUBIO MAY LEAVE THE TRUMP
[0:41] ADMINISTRATION AFTER SOURCES TOLD BLOOMBERG HE IS CONSIDERING
[0:45] HIS NEXT MOVE FOLLOWING THE REPUBLICAN MIDTERM WIPEOUT.
[0:48] NEW ZEALAND SET TO GO TO A KNIFE EDGE ELECTION WITH THE PRIME
[0:52] MINISTER BATTLING A COST-OF-LIVING CRISIS AND A
[0:54] SLIDING KIWI DOLLAR. WE ARE LOOKING AT A SIGNIFICANT
[1:03] LOSS FOR MARKETS TODAY ACROSS THE BOARD.
[1:05] YOU THINK ABOUT SOME OF THOSE METRICS IN THE STATES.
[1:08] THE WORST PLUNGE FOR THE S&P 500 GOING ALL THE WAY BACK TO THE
[1:12] TARIFF MELTDOWN OF APRIL LAST YEAR.
[1:15] THE NASDAQ IS WHERE WE HAVE REALLY FELT THIS PRESSURE, THIS
[1:21] CONCERN AND A INFRASTRUCTURE UNWIND.
[1:23] THE MARKETS IN ASIA TODAY IS FOCUSED ON THE INDEXES THAT ARE
[1:24] TECH HEAVY. THE NASDAQ FUTURES POINTING TO A
[1:31] DROP OF 6%. IN KOREA, NEARLY 8% DECLINE.
[1:35] BUILDOUT. QUESTIONS AGAIN, WHAT DOES IT
[1:41] MEAN WHEN YOU HAVE REPUBLICANS TAKING CONTROL OF BOTH HOUSES OF
[1:42] CONGRESS? YOU HAVE THE 2.3 TRILLION
[1:47] DOLLARS IN VALUE ERASED. THE BIGGEST LOSSES IN NAMES LIKE
[1:52] NVIDIA, QUALCOMM, ARM. NVIDIA EARNINGS COMING UP IN A
[1:59] YOU COULD SEE A LITTLE BIT OF INSULATION.
[2:05] YOU'VE GOT AUSTRALIA A LITTLE MORE COMMODITY LINKED, MORE BANK
[2:12] CROSS ASSETS. YESTERDAY WAS THE STORY OF THE
[2:15] LOW OIL DYNAMIC. YOU HAVE THE WEAKER DOLLAR,