US EditionWall Street ends down as AI worries slam tech stocks
The S&P 500 fell 1%, marking four drops in five days as investors worry about artificial intelligence competition and stretched valuations despite strong tech profits.
- The S&P 500 and Nasdaq fell on AI worries that slammed tech stocks, even as the energy and materials sectors posted gains.
- Eli Lilly's shares rallied around 10% after forecasting 2026 profit above Wall Street expectations, limiting losses in the S&P 500.
- Snowflake, Datadog, and Palantir slumped on concerns that rapidly advancing AI could disrupt industry incumbents.
56 Articles
56 Articles
Associated Press News
Asian shares drop after Wall Street retreats thanks to sinking tech stocks
Asian shares are lower after more drops for technology stocks weighed on Wall Street. U.S. futures edged higher and oil prices sank more than $1 a barrel.
Wall Street ends down as AI worries slam tech stocks | Honolulu Star-Advertiser
U.S. stocks ended lower today, with losses in Advanced Micro Devices, Palantir and other technology companies, as investors worried about pricey valuations and whether Wall Street’s AI rally has reached its peak.
Hastings Tribune
Wall Street slips as tech stocks sink again
The U.S. stock market is slipping under the weight of sinking technology stocks. The S&P 500 dipped 0.2% Wednesday, coming off its fourth drop in the last five days. The Dow Jones Industrial Average added 339 points, and the Nasdaq…
LancasterOnline
Wall Street loses ground as tech stocks sink again
Wall Street is losing ground as technology stocks sink again. The S&P 500 fell 1% Wednesday, coming off its fourth drop in the last five days. The Dow Jones Industrial Average added 39 points, and the Nasdaq composite fell 2.2%.…
Wall Street ends down as AI worries slam tech stocks
U.S. stocks ended lower on Wednesday, with losses in Advanced Micro Devices, Palantir and other technology companies, as investors worried about pricey valuations and whether Wall Street's AI rally has reached its peak.
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