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 fell Monday. September 14 saw declines. AI stocks dropped. Tech leaders called for a slower approach. Chip and memory stocks also declined. A Black Swan investor sided with Michael Burry. He predicted a manic surge before a downturn.

Bitcoin saw pressure. 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 could do serious harm. Transat A.T. shares dropped 5.97 percent. Fuel costs stood behind the decline. Warren Buffett advised to be fearful when others are greedy.

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