Hedge funds made their biggest stock pullback since 2017, and AI stocks took the hit. Is it a bubble or forced selling?

Company ordered to stop work at two sites in country, which has found itself at forefront of tech firms’ latest push Behind a wire fence lies a vast gaping wound of earth. Before Google’s arrival a few months ago, an estimated quarter of a million trees occupied the 330 hectares (815 acres) of forest near the town of Muhos in rural northern Finland. Now they are all gone. After the tech company illegally stripped the entire area to build a datacentre – taking even the top soil with it – all that remains is a vast expanse of mud indented with the trail marks of machinery, puddles and mounds of earth, roots and branches. Residents say that brown water flowing off the site is going into a stream that feeds the Oulujoki River. Continue reading...