Wall Street Tumbles as AI Concerns and High Oil Prices Weigh
U.S. stocks fell, with AI-related technology shares under pressure as oil prices jumped. The Nasdaq was on track for a weekly loss of more than 4%.
Wall Street fell on Friday as CoreWeave, Broadcom and other AI-related technology stocks came under renewed pressure. Rising oil prices also unsettled traders ahead of the weekend. The Nasdaq was set to finish the week down more than 4%, weighed by concerns over debt-laden AI infrastructure…