Will Wall Street crash today? Nasdaq futures tumble nearly 2% as AI stocks plunge
Nasdaq futures fell as OpenAI and Anthropic leaders urged slower AI development for safety. Investor Michael Burry criticized these warnings, labeling them self-serving hype intended to maintain incumbent dominance, causing market anxiety regarding AI and chip stock valuations.
Will Wall Street crash today? Nasdaq futures tumble nearly 2% as AI stocks plunge
What Happened
Nasdaq futures fell as OpenAI and Anthropic leaders urged slower AI development for safety. Investor Michael Burry criticized these warnings, labeling them self-serving hype intended to maintain incumbent dominance, causing market anxiety regarding AI and chip stock valuations.
Key Details
Original reporting provided by Economic Times Markets.
Why It Matters
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