The US stock market lost $3 trillion overnight, the AI ​​industry chain suffered violent deleveraging, and behind the panic was the resonance of data center approval and policy risks.

U.S. equity futures rose after the S&P 500’s steepest drop in more than a year amid fears of a clampdown on data center construction, according to Bloomberg. A jobs report is ahead. Chipmakers rallied after bearing the brunt of the selloff. US President Donald Trump blamed Democrats for the rout.

According to Jin10, Bank of England Chief Economist Huw Pill said inflationary pressures could build further or ease.

AI tools are deeply embedded in key financial workflows, and 99% of surveyed finance leaders said their companies use AI to generate financial estimates or inform financial judgments subject to external audit. According to Sina Finance, the findings come from BDO’s third annual Audit Innovation Survey, which interviewed 200 finance leaders about AI’s impact on businesses and auditing. Fewer than half of the organizations surveyed had comprehensive policies to verify every AI-generated output. While finance leaders expect AI to improve audits, they also worry that overreliance could weaken professional judgment and introduce new risks. About 65% of respondents said broader use of AI in auditing could improve rigor and reduce human error. Asked about the main benefits of auditors using AI and automation, 27% cited more time to assess complex risks and unusual transactions, while 24% cited greater consistency and coverage. About 63% said agentic AI would bring the most significant improvement in audit quality over the next three years. BDO National Assurance Managing Partner Demetrios Frangiskatos said organizations need clear strategies that combine team innovation with technology platforms. He said companies should establish quality controls to ensure the technology and its outputs are reliable, and that human judgment, risk identification, and assessment remain central to the process.

According to CNBC, Daiwa Capital Markets raised its 12-month price target for Apple to $375 from $335, while maintaining an outperform rating. The new target implies 9% upside from Thursday’s close. Analyst Louis Miscioscia expects backorders and channel inventory to support the Dec and Mar quarters, but said tougher comparisons and higher memory costs could make conditions more difficult after April 27. Apple’s stock is up nearly 27% year to date in 2026, supported by stronger-than-expected demand for the iPhone 17. The company reported $478 billion in revenue for fiscal 2026, up roughly 15% year over year. Daiwa also cited rising memory costs and supply constraints for critical hardware components as potential challenges to Apple’s growth in 2027.

According to Jin10, Bank of England Chief Economist Huw Pill said the decision on a second rate hike will be revealed in the coming weeks.

According to Jin10, Bank of England Chief Economist Huw Pill said there would be no repeat of the 2022 rate-hiking cycle.

The percentage of coins listed on South Korean exchanges that are "only launched domestically" has decreased from 85% in 2019 to 9% in 2024, but low trading volume on the first day is becoming a new challenge for exchanges.

Nvidia is using residual value guarantees, capacity buy-outs, and equity investments to finance its AI factories, but the $300 billion off-balance-sheet commitments are concentrating tail risks upstream.

Alphabet's market value evaporated by nearly $500 billion in a single day, and advertising growth diverged from search volume for the first time; as AI agents compare prices and place orders on behalf of others, the foundation of the advertising model is crumbling.

Solana's advertising campaign and planned offline events in Lujiazui have been halted. A spokesperson from the People's Bank of China responded exclusively, stating that the related business constitutes illegal financial activity.

Hackers linked to North Korea stole $6.3 billion from Binance and are now moving some of it through Chinese money-laundering networks, with hundreds of thousands of dollars already traced there. About $3 billion has been frozen, but close to $1 billion has started moving through laundering channels.

Paraguayan President Santiago Peña has announced his resignation amid a growing political and financial crisis following the collapse of digital lender Ueno Bank, whose suspended operations have restricted millions of customers' access to their deposits and sparked protests in the capital.

Canva is cutting 1,271 jobs, about 22 per cent of its staff, after its growth slowed and competition from AI design tools grew. Those leaving will get at least six months' salary, 12 months of healthcare cover where offered, career support, their company laptops and the chance to apply for a US$10,000 startup grant.

In response to the threat of quantum computing, developers have proposed a "quantum landmine": anyone wanting to access coins in an old address must first deposit an equivalent amount of principal.

A $100 billion sell-off in machinery triggered a stampede that caused the largest single-day drop in US stocks since March 2020.