Trader Who Inspired The Big Short Sets Off AI Tech Share Sell-Off

Election results, McDonald's earnings, AI valuation fears and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

Trader who inspired The Big Short sets off AI tech share sell-off

Shares of major tech companies have fallen in the US and Japan over fears about AI bubble

Asian chipmakers tumble in global stock sell-off amid worries over AI bubble – business live

Asian stock markets fall after Wall Street tumble on tech valuation fearsThinktanks from across the political spectrum are urging Rachel Reeves to use this month’s budget to overhaul the “broken” tax system, including abolishing stamp duty and merging income tax and national insurance.The group, which ranges from the rightwing Adam Smith Institute to the leftwing New Economics Foundation, published proposals for sweeping “pro-growth reforms” the…