Tech stocks lead steep global sell-off as investors lose faith in AI chip trade

First publishedJul 16, 22:06 UTC

Last updatedJul 17, 11:24 UTC · 4m ago

122:06–22:33 UTC1 outletFortune110:04–10:31 UTC1 outletFortune

22:0601:2604:4508:0511:24

Fortune6Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack pushing crypto tokenizationJul 16, 22:06 UTCOpen ↗Fortune6Tech stocks lead steep global sell-off as investors lose faith in AI chip tradeJul 17, 10:15 UTCOpen ↗

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📬 Would you prefer to receive this information in your email inbox every morning before the markets open in New York? Airbnb cofounder and CEO Brian Chesky appears to have been the target of a cyberattack, a source with knowledge of the situation told Fortune’s Rachel Ventresca. On Monday, Chesky’s X account shared a multi-post thread setting out a bullish view on “real-world asset tokenization,” a term from the crypto world that describes converting traditional assets like stocks into digital tokens. “I’ve been quietly keeping an eye on real-world asset tokenization for a while now,” the account wrote in the now-deleted series of tweets.

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  Tech stocks lead steep global sell-off as investors lose faith in AI chip trade

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  FortuneJul 17, 10:15

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