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Asian stock markets tumble amid surging US bond yields, US-Iran renewed uncertainty

Stock markets in the Asian region extend their underperformance on Wednesday, facing intense pressure due to surging United States (US) Treasury Yields amid growing expectations that the Federal Reserve (Fed) will deliver at least one interest rate hike this year.As of writing, Nikkei 225 plummets over 1.7% to near 59,550, Shanghai drops 0.3% to near 4,155, Hang Seng tumble 0.8% below 25,600, and Nifty 50 declines 0.3% to near 23,550.10-Year US bond yields have posted…

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Google’s latest AI flex came with Silicon Valley’s new favorite word

Google CEO Sundar Pichai isn’t afraid of touting big AI usage numbers, despite the ‘tokenmaxxing’ controversy. Loading audio narration… At Google’s annual developer conference today, Pichai said that monthly usage of its AI products has increased sevenfold to 3.2 quadrillion tokens since last year.The huge increase drew audible gasps from…

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