Tech Selloff? Dow Rises as Investors Dump AI Stocks
📡 Barrons · 1 min read ·
Part of composite article AI Debt Fears Wipe $2 Trillion Off Tech Stocks as Investors Stampede to Bonds View full article →
Investors moved money out of technology stocks on Friday, pushing the Dow Jones Industrial Average higher while the Nasdaq fell. Worries about artificial intelligence (AI) companies weighed on tech shares.
CoreWeave, a cloud computing company tied to AI, recovered some of its earlier losses after a sharp drop. The broader market shift showed investors favoring safer assets like Treasury bonds over high-growth tech names.