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AI Rally Loses Steam, US-China Talks Persist

Bloomberg Markets Tuesday 22 September 2026, 12:10 UTC 1 min read
Key Points

US equity futures waver after Meta, Alibaba and Tencent boosted investor optimism around AI with their latest technology. The US and China held a second round of trade talks ahead of the Trump-Xi summit. President Trump is set to speak as the UN General Assembly convenes in New York City.

US equity futures waver after Meta, Alibaba and Tencent boosted investor optimism around AI with their latest technology. The US and China held a second round of trade talks ahead of the Trump-Xi summit. President Trump is set to speak as the UN General Assembly convenes in New York City. Kallum Pickering of Peel Hunt joins "Bloomberg Brief" to discuss the sustainability of debt-financed growth. This video has been edited to correct a graphic to show that the latest AI trade faltered in the Asian session. The correction is placed at 01:01 (Source: Bloomberg)
AI Rally Loses Steam (ORG) US (LOCATION) Meta (ORG) Alibaba (LOCATION) Tencent (ORG) AI (ORG) China (LOCATION) Trump (PERSON) the UN General Assembly (ORG) New York City (LOCATION) Kallum Pickering (ORG) Peel Hunt (PERSON) Bloomberg (ORG) Asian (ORG)
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