Banks & Stock Exchanges

Google Stock Plunge and Binance Hack Shake Markets

Google Stock Plunge and Binance Hack Shake Markets

By Ahmed Abdelsalam

Financial markets faced twin shocks as Google shares suffered a historic decline amid concerns over an artificial intelligence bubble, while cryptocurrency exchange Binance was targeted in a massive $6 billion hack.

Google Stock Plunge Raises AI Bubble Fears

Google's stock experienced its worst single-day drop in history, intensifying worries that the artificial intelligence investment boom may be overheating.

Binance Hit by $6 Billion Crypto Hack

Major cryptocurrency exchange Binance reported a security breach resulting in the theft of approximately $6 billion in digital assets.

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