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 slid Monday. September 14 saw declines. AI stocks retreated. Tech leaders urged slowing reckless development. Chip and memory stocks also declined. A Black Swan investor sided with Michael Burry. He said euphoria would come before a collapse.

Bitcoin came under pressure. An analyst said a S&P 500 pullback could push Bitcoin to $10,000. Another investor called Bitcoin a single-use bet. He said its collapse could cause big damage. Transat A.T. shares declined 5.97 percent. Fuel costs were the main problem. Warren Buffett urged caution when others are greedy.

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