Wall Street Futures Dip After AI-Linked Stocks Sell Off
US futures edged lower after a sharp selloff in AI-linked stocks; telecom shares also slid amid fears of increased competition from SpaceX.
Wall Street futures edged lower on Friday as investors remained cautious following a sharp decline in AI-linked stocks, driven by concerns over the sector’s substantial funding needs. Telecom shares also fell amid worries that SpaceX could intensify competition for the industry. AT&T (NYSE:T), Verizon (NYSE:VZ) and T-Mobile (NASDAQ:TMUS) were