Nikkei Falls 2.7% as AI Spending and Oil Revive Inflation Fears

Nikkei falls 2.7% as AI spending renews inflation concerns.

Tokyo stocks fell sharply on July 24, with the Nikkei 225 closing at 64,611.15, down 2.73%, as renewed concern over the cost of artificial intelligence investment triggered another technology selloff while oil above $100 a barrel and a yen near 40-year lows i…