Worries about the artificial intelligence bubble in the United States, UK pension funds sell off US stocks.

British pension funds are reducing their exposure to American stocks, fearing that the bubble in the U.S. artificial intelligence sector has grown too large. Several pension programs in the UK have stated that in recent months they have been shifting investments away from the U.S. market or enhancing protective measures against possible declines in American stocks. These pension programs manage assets totaling over 200 billion for millions of British savers. British defined contribution pensions are particularly vulnerable to stock market fluctuations, as younger savers tend to heavily invest in U.S. stock indices dominated by large-cap technology stocks. Savers who are still 30 years away from retirement typically allocate 70% to 80%, or even all, of their assets to global stocks, with a significant portion of these stocks being led by large U.S. technology companies.