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

Stocks slide as AI hype wanes and Bitcoin worries grow

Markets dropped Monday. September 14 saw declines. AI stocks retreated. Tech leaders wanted to curb the AI frenzy. Chip and memory stocks went down too. A Black Swan investor echoed 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 declined 5.97 percent. Fuel costs stood behind the decline. Warren Buffett said investors should be fearful when others are greedy.

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