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Time:2026-06-26T07:33:41Z

AI stocks see dramatic divergence — Palantir and Microsoft suffer sharp selloffs while select AI firms post triple-digit returns. The White House pressures OpenAI to delay its next model over safety concerns, and OpenAI leans toward postponing its IPO until 2027. Asian markets tumble as AI uncertainty drives profit-taking, especially in tech-heavy Japanese equities. Chinese EV makers expand aggressively into Western Europe, backed by bullish bank forecasts. AI-generated books flood the market, raising questions about quality and consumer demand, as Meta prepares to launch an AI-powered prediction market app.

AI stocks diverge as Palantir and Microsoft tumble

AI stocks diverge as Palantir and Microsoft tumblePalantir is experiencing its worst monthly decline in years despite the broader AI boom, while Microsoft's stock is suffering a historic June rout as investors grow uneasy about heavy capital spending. In sharp contrast, some AI-focused firms have posted massive 326% returns in six months, outpacing major tech names like Tesla and Meta. The divergence highlights growing investor skepticism toward high-spending tech giants and selective enthusiasm for high-growth AI plays.

Sources:
Why Palantir’s stock is having its worst month in years — even amid an AI boom (MarketWatch)
Microsoft’s stock is suffering a historic June rout as investors balk at heavy spending (MarketWatch)
AI stock: Massive 326% returns in 6 months; this firm pips Tesla, Meta in m-cap - A look at profit, revenue (Business Today)

AI books flood the market as Meta plans prediction app

AI books flood the market as Meta plans prediction appA wave of AI-generated books is hitting the market, prompting researchers to question both their literary quality and commercial viability. NPR explores whether readers are actually willing to buy these books and why first-hand experience remains irreplaceable in travel writing. Meanwhile, Meta is developing an AI-powered prediction market app, signaling further expansion of AI into consumer-facing products and information markets.

Sources:
AI is pumping out books. Are they any good? (NPR)
June 25, 2026 •Are all these AI books any good? And by good, we mean are people willing to buy them — not whether the prose is singing. We talk to two researchers who’ve got some answers and a travel guide expert on why AI can’t replace first-hand experience. (NPR)
Meta plans to release AI-powered prediction market app, documents show (NPR)

White House pressures OpenAI to delay model launch

White House pressures OpenAI to delay model launchThe White House has asked OpenAI to limit its next flagship AI model release, demanding additional safety checks before deployment. OpenAI is leaning toward waiting until next year for its long-anticipated IPO, delaying plans that had been expected to proceed sooner. The dual developments signal intensifying regulatory scrutiny on frontier AI companies and potential ripple effects across the industry.

Sources:
White House asks OpenAI to limit its next model release (CNN)
OpenAI Leans Toward Waiting Until Next Year for I.P.O. (NYT)
OpenAI's next flagship AI model faces launch delay; White House demands safety checks (Business Today)

Asian markets plunge as AI uncertainty hits tech stocks

Asian markets plunge as AI uncertainty hits tech stocksAsian shares tumbled as traders locked in profits after a prolonged rally driven by AI enthusiasm. Japanese stocks, which had been on a hot streak, were hit particularly hard as AI uncertainty jolted tech-heavy markets. The selloff reflects growing anxiety that AI-fueled valuations may have outpaced fundamentals, triggering a broad retreat across the region.

Sources:
Asian shares plunge as traders sell to lock in profits after recent rallies driven by AI (AP News)
Japanese stocks are on fire. Here’s what’s driving the hot streak. (MarketWatch)
Asian Stocks Tumble as A.I. Uncertainty Jolts Tech Shares (NYT)

Chinese EVs expand globally as Asia attracts diverse investment

Chinese EVs expand globally as Asia attracts diverse investmentChinese electric vehicle manufacturers are rapidly expanding their global footprint, with strong export growth to Western Europe offsetting a softer domestic market. Banks forecast significant overseas expansion for Chinese EV makers. Meanwhile, Hainan is emerging as a rising hotspot for international investment, and while India attracts billions in AI investment, HSBC's top picks in the region remain China, Japan, and South Korea.

Sources:
Banking on it: Chinese EVs expand their global footprintWith a boost in global exports offsetting domestic dips, banks forecast significant growth in overseas markets – especially western Europe. (SCMP)
Hainan at the half-year mark: A rising hotspot for international investment (China Daily)
India attracts AI billions, but HSBC's top investment picks are China, Japan and Korea; know why (Business Today)