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

Investors brace for more losses after Monday slump

Markets dropped Monday. September 14 brought losses. AI stocks fell. Tech leaders wanted to curb the AI frenzy. Chip and memory stocks also declined. A Black Swan investor backed Michael Burry. He warned of a euphoric rally before a crash.

Bitcoin saw 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 would be deeply damaging. Transat A.T. shares fell 5.97 percent. Fuel costs were the issue. Warren Buffett advised to be fearful when others are greedy.

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