Wall Street Futures Dip After AI-Linked Selloff; Telecom Shares Slide
US futures ticked lower Friday as caution followed a sharp selloff in AI-linked stocks over funding concerns. AT&T, Verizon and T-Mobile fell more than 3% in premarket trading amid fears of increased competition from SpaceX.
Wall Street futures edged lower on Friday as investors remained cautious following a sharp drop in AI-linked stocks, amid concern about the sector’s substantial funding needs. Telecom shares also fell as investors worried about greater competition from SpaceX. AT&T, Verizon and T-Mobile were down over 3% in premarket trading.