{
  "id": 18337721,
  "title": "AI chip stocks drag Wall Street toward worst day since Trump's tariff announcements in 2025",
  "url": "https://urgent.news/2026/11/05/ai-chip-stocks-drag-wall-street-toward-worst-day-since-trumps-tariff-18337721",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-05T17:02:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/world/20261106/ai-chip-stocks-drag-wall-street-toward-worst-day-since-trumps-tariff-announcements-in-2025"
  },
  "original_language": "en",
  "account": "NEW YORK — Stocks tied to the expansion of AI data centers are experiencing a significant decline, causing Wall Street to plummet toward its worst day since Donald Trump's tariff announcements in 2025. The S&P 500 experienced a 3.2 percent loss after opening in the red, setting the stage for its most substantial decline since its best performance in three months the previous day. This downward trend is consistent with the 2.1 percent drop in the Dow Jones Industrial Average and a 5 percent decrease in the Nasdaq composite as of 11 a.m. Eastern time. The market-wide pressure is emanating from ongoing setbacks for companies that profited from the AI technology industry boom and the soaring costs of borrowing money, which have cast doubts on the future construction of additional AI data centers. The recent U.S. midterm elections, in which Democrats secured a sweeping victory, further complicates the market outlook amid concerns over potential policy shifts.",
  "summary": "NEW YORK — Another wipeout for stocks tied to the buildout of AI data centers is overwhelming Wall Street on Thursday and more than erasing all its gains from the day before, which was its best in three months. The S&P 500 fell 3.2 percent after opening with a loss that accelerated through the morning. It’s on track for its worst drop since President Donald Trump shook markets worldwide in April…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "SecurityWeek",
        "title": "CrowdStrike Reportedly Paying $495 Million for AI Security Firms Fiddler, Dreadnode",
        "url": "https://urgent.news/2026/11/03/crowdstrike-reportedly-paying-495-million-for-ai-security-firms",
        "published": "2026-11-03T14:12:44.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "CrowdStrike agrees to buy Fiddler AI, which helps monitor AI agents, for ~$400M, and Dreadnode, an automated security AI testing tool, for ~$95M, mostly in cash (James Rundle/Wall Street Journal)",
        "url": "https://urgent.news/2026/11/03/crowdstrike-agrees-to-buy-fiddler-ai-which-helps-monitor-ai-agents",
        "published": "2026-11-03T14:50:01.000Z"
      },
      {
        "outlet": "Qatar Tribune Business",
        "title": "AI-linked stocks drive Wall Street gains as Apple shares slip",
        "url": "https://urgent.news/2026/11/03/ai-linked-stocks-drive-wall-street-gains-as-apple-shares-slip",
        "published": "2026-11-03T21:29:00.000Z"
      },
      {
        "outlet": "SiliconANGLE",
        "title": "CrowdStrike to acquire cybersecurity startups Fiddler AI, Dreadnode for reported $495M",
        "url": "https://urgent.news/2026/11/03/crowdstrike-to-acquire-cybersecurity-startups-fiddler-ai-dreadnode",
        "published": "2026-11-03T23:31:14.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "CrowdStrike to buy Fiddler AI, Dreadnode for $495m",
        "url": "https://urgent.news/2026/11/04/crowdstrike-to-buy-fiddler-ai-dreadnode-for-495m",
        "published": "2026-11-04T03:48:19.000Z"
      },
      {
        "outlet": "Business Insider",
        "title": "Wall Street's rising stars say these skills matter more than ever in the AI era",
        "url": "https://urgent.news/2026/11/05/wall-streets-rising-stars-say-these-skills-matter-more-than-ever-in",
        "published": "2026-11-05T10:28:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}