AI Panic Hits Stocks
📡 Barrons · 1 min read ·
Part of composite article AI Rout Wipes $2.3 Trillion Off Nasdaq as Global Markets Plunge View full article →
Investors sold technology shares sharply as fears about artificial intelligence (AI) disruption spread through the market. The sell-off drove major stock indexes lower.
At the same time, bond prices rose as investors moved money into safer assets. General Mills also said it is considering selling part of its business.