AI Stocks Panic Sends Wall Street's "Fear Gauge" Soaring

📡 CNBC Top News · 1 min read ·
A sharp sell-off in artificial intelligence (AI) stocks has pushed Wall Street's main measure of market fear to a four-month high. The Cboe Volatility Index, known as the VIX, climbed above 22 on Monday for the first time since April. The VIX rises when investors expect more turbulence ahead. Traders are now betting the index will climb even higher, according to a cluster of recent options trades.