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

Market drop deepens after AI stocks and Bitcoin falter

Markets dropped Monday. September 14 brought losses. AI stocks retreated. Tech leaders called for a slower approach. Chip and memory stocks also declined. A Black Swan investor backed Michael Burry. He predicted a manic surge before a downturn.

Bitcoin came under pressure. 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 declined 5.97 percent. Fuel costs stood behind the decline. Warren Buffett advised to be fearful when others are greedy.

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