Asian stocks opened lower Tuesday, tracking Wall Street's decline as fresh anxiety over artificial intelligence's impact on corporate profits rattled investors. Treasuries and gold rallied as traders sought safety, while Bitcoin slumped amid the risk-off sentiment.

The selloff follows mounting concerns that AI advancements could disrupt traditional business models and squeeze profit margins across multiple sectors. This anxiety comes after a volatile session on Wall Street where technology stocks bore the brunt of selling pressure, with investors reassessing AI's near-term economic implications.

Market participants are particularly focused on how AI integration costs and potential revenue disruptions might affect earnings across industries. The flight to safety assets like government bonds and gold suggests investors are bracing for continued volatility as they grapple with AI's evolving role in corporate profitability. The cryptocurrency market's weakness further underscores the broad-based risk aversion sweeping global markets.