sell off

To Steve Eisman at FrontPoint Partners, the market seemed mainly stupid or delusional: A financial culture that had experienced so many tiny panics followed by robust booms saw any sell-off as merely another buying opportunity.

Fears that AI stock valuations are too high sparked a market sell-off last week.

"It may not necessarily lead to a sell-off but it's certainly a headwind for further asset growth."

Major indexes in Asia were the hardest hit on Wednesday, following a sell-off in the US.

Tech companies led a sharp sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.