AI FEARS WRECK STOCKS! Dow, S&P 500, Nasdaq PLUNGE This Week! What Now?
Is AI truly a disruptive force, or is it merely sparking market panic? This past week saw major US stock indexes, including the Dow, S&P 500, and Nasdaq, suffer significant losses as growing fears of AI disruption spread beyond tech into 'old economy' sectors and even pummeled the Magnificent Seven megacaps. Despite a cooler inflation reading that revived hopes for Federal Reserve rate cuts, investor sentiment remained fragile. While some companies like Applied Materials and Rivian saw their stocks surge on strong outlooks or earnings beats, others such as Pinterest tumbled amid AI-related concerns, highlighting a highly mixed earnings landscape. This volatile environment underscores the complex challenges facing investors today. To stay ahead of these crucial market trends and understand what's next, make sure to subscribe to our channel!
Tags/Hashtags: #nasdaq #inflation #earnings #pinterest #rivian #moderna
Leave a Reply