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 wanted to curb the AI frenzy. Chip and memory stocks also declined. A Black Swan investor sided with Michael Burry. He warned of a euphoric rally before a crash.

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 could cause big damage. Transat A.T. shares fell 5.97 percent. Fuel costs stood behind the decline. Warren Buffett urged caution when others are greedy.

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