The chips are down ↘️ -  Another AI tech sell-off, Meta enters the prediction markets game.

Global markets are getting rattled by yet another AI-linked tech sell-off — with South Korea’s high-flying Kospi taking one of the biggest hits as chip stocks slide and overvaluation fears flare up. Plus, Meta is reportedly building a prediction markets app that could push “betting on everything” into the mainstream for billions of users.Plus, in Big Picture: Ontario First Nations secure a landmark equity stake in the Darlington nuclear expansion, Meta unveils a cheaper new pair of smart glasses, and police identify the alleged perpetrator in the Montreal shooting.The Peak Daily is produced in partnership with reframevid.com