Wall Street Grapples With $5.7 Trillion Rout as AI Bets Unwind
Months of unease over Wall Street’s artificial-intelligence boom erupted into a global market convulsion this week, opening a dangerous new chapter for the investment frenzy that has helped power stock...
By Justina Lee and Lu Wang · Bloomberg Markets
Months of unease over Wall Street’s artificial-intelligence boom erupted into a global market convulsion this week, opening a dangerous new chapter for the investment frenzy that has helped power stock prices, corporate spending and economic growth.