AI Panic Wipes Billions Off UK Stocks

London markets are set to open sharply lower on Friday, with the FTSE 100 facing heavy losses. The selloff follows a global wave of selling driven by fears over artificial intelligence (AI) stocks. Investors are rushing to sell technology shares, worried that the massive run-up in AI-related companies has gone too far. The panic began in the US overnight, where major tech indices fell hard, and spread quickly to Asia. European futures point to a weak open across the board. The FTSE 100 is expected to drop at the bell, tracking losses in the US and Asia. The selloff is broad, but technology and AI-linked stocks are hit hardest. Traders say the mood has turned risk-averse as questions grow about whether AI profits can justify current valuations. Market watchers will look for any sign of stabilization when London opens. For now, the direction is clear: down.