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 fell Monday. September 14 brought losses. AI stocks retreated. Tech leaders called for a slower approach. Chip and memory stocks also declined. A Black Swan investor backed Michael Burry. He warned of a euphoric rally before a crash.

Bitcoin faced selling. An analyst said a S&P 500 pullback could drive Bitcoin toward $10,000. Another investor called Bitcoin a one-dimensional asset. He said its collapse would be deeply damaging. Transat A.T. shares fell 5.97 percent. Fuel costs were the issue. Warren Buffett urged caution when others are greedy.

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