Milan bourse slides amid market turmoil over AI fears

The Milan stock exchange's FTSE fell approximately 1.3% during Friday's trading due to market instability following significant losses in tech stocks on Wall Street. This decline is attributed to concerns that the Democrats' midterm election win may result in stricter regulations on the AI sector and a slowdown in data center investments. Other European markets also experienced declines, with Paris down 1.8%, London down 2.2%, and Frankfurt down 2.3%.