AI-linked stocks fall after tech bosses call for slowdown in 'reckless' development - The Guardian

Latest News About Stocks slide as AI hype wanes and Bitcoin worries grow

Markets slid Monday. September 14 saw declines. AI stocks dropped. Tech leaders urged slowing reckless development. Chip and memory stocks fell as well. A Black Swan investor backed Michael Burry. He predicted a manic surge before a downturn.

Bitcoin came under pressure. An analyst said a S&P 500 pullback might send Bitcoin to $10,000. Another investor called Bitcoin a one-trick pony. He said its collapse could cause big damage. Transat A.T. shares fell 5.97 percent. Fuel costs were the main problem. Warren Buffett urged caution when others are greedy.

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