Wall Street plunges as AI stocks tumble, ASX set to slide lower
Another wipeout for stocks tied to the buildout of AI data centres is overwhelming Wall Street and more than erasing all its gains from the day before, which was its best in three months.
We haven't written up this one. The Sydney Morning Herald has the full story — the link below goes straight to it.
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- Sources: at Jensen Huang's election event, tech executives expressed concern over anti-data center results; OpenAI discussed resetting its 2027 capacity plans (Wall Street Journal) wsj.com
- Wall Street plunges as AI stocks tumble, ASX set to slide lower theage.com.au
- OpenAI pledges to pay for data center power after election highlights AI concerns cnbc.com
