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 urged slowing reckless development. Chip and memory stocks fell as well. A Black Swan investor backed Michael Burry. He warned of a euphoric rally before a crash.

Bitcoin saw pressure. An analyst said a S&P 500 pullback might send Bitcoin to $10,000. Another investor called Bitcoin a one-dimensional asset. He said its collapse could do serious harm. Transat A.T. shares declined 5.97 percent. Fuel costs were the main problem. Warren Buffett advised to be fearful when others are greedy.

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