Stocks dip on AI jitters, big banks kick off US earnings season - Reuters

Global equities edged lower as investors weighed renewed concerns about the pace of artificial intelligence spending against the start of the US quarterly earnings season. According to Reuters, the pullback reflects caution rather than a single catalyst, with sentiment sensitive to any signal that AI-related capital expenditure may be cooling after a strong run.

Attention now turns to the largest US banks, which traditionally open the earnings cycle. Their results and guidance are closely watched as a read on lending conditions, net interest margins, and credit quality — factors that can shape expectations for the broader economy and, by extension, risk appetite across markets.

For observers, the key question is whether bank commentary reinforces a soft-landing narrative or flags stress in consumer and corporate balance sheets. AI-linked names may stay volatile until upcoming results clarify whether spending trends remain intact.