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

Tech and crypto losses rattle markets after sharp decline

Markets fell Monday. September 14 brought losses. AI stocks dropped. Tech leaders urged slowing reckless development. Chip and memory stocks fell as well. A Black Swan investor echoed Michael Burry. He said euphoria would come before a collapse.

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

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