AI Fears Shake Market as 'Magnificent 7' Lose $1 Trillion in Value
Summary
Stocks suffered their steepest one-day drop in more than six months on Thursday as investors grew anxious that the artificial intelligence spending boom may be slowing down. The AI-heavy "Magnificent 7" stocks lost more than $1 trillion in market value as part of the broader market selloff.
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AI Fears Shake Market as 'Magnificent 7' Lose $1 Trillion in Value
Stocks suffered their steepest one-day drop in more than six months on Thursday as investors grew anxious that the artificial intelligence spending boom may be slowing down. The AI-heavy "Magnificent 7" stocks lost more than $1 trillion in market value as part of the broader...
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