{
  "id": 17314974,
  "title": "Europe: Shares stumble at end of best month since June on AI worries",
  "url": "https://urgent.news/2026/10/31/europe-shares-stumble-at-end-of-best-month-since-june-on-ai-worries",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-31T00:24:46.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/europe-shares-stumble-end-best-month-june-ai-worries"
  },
  "original_language": "en",
  "account": "European technology sector shares tumbled 2.8% on Friday (Oct 30), marking its worst day since July 7 and adding to a sectoral decline, as global tech stocks suffered a major sell-off. Despite recording its best month since June, the Stoxx 600 index ended the day 0.4% lower at 646.75 points. The drop was triggered by Amazon and Intel's US results, reigniting worries about the high costs of building out AI infrastructure, prompting a worldwide retreat from technology stocks. Daniela Hathorn, a senior market analyst at Capital.com, noted that the growing message from investors is that strong AI demand alone is not sufficient. The European tech sector index dipped 2.8% for its worst day since July 7, leading the decline in the Stoxx 600. AT&S, Soitec and Technoprobe led losses on the index, with declines between 9% and 13%. Even with robust earnings in Europe this quarter, the sudden market sentiment shift demonstrates how quickly bullishness can vanish.",
  "summary": "European technology sector index falls 2.8% for its worst day since Jul 7 and led sectoral declines",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Gulf Times Business",
        "title": "European shares stumble on AI worries",
        "url": "https://urgent.news/2026/10/29/european-shares-stumble-on-ai-worries",
        "published": "2026-10-29T21:00:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Copper set for first monthly loss since June as AI spending worries weigh",
        "url": "https://urgent.news/2026/10/30/copper-set-for-first-monthly-loss-since-june-as-ai-spending-worries",
        "published": "2026-10-30T11:40:51.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "European shares stumble at end of best month since June on AI worries",
        "url": "https://urgent.news/2026/10/30/european-shares-stumble-at-end-of-best-month-since-june-on-ai-worries",
        "published": "2026-10-30T17:30:22.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}