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 dropped Monday. September 14 saw declines. AI stocks fell. Tech leaders wanted to curb the AI frenzy. Chip and memory stocks fell as well. A Black Swan investor sided with 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-trick pony. He said its collapse would be deeply damaging. Transat A.T. shares dropped 5.97 percent. Fuel costs were the issue. Warren Buffett said investors should be fearful when others are greedy.

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