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Major indexes fall in Monday's stock market amid warnings about AI models outpacing guardrails in place that make them safe.
Anthropic CEO Dario Amodei called for a slowdown of the development of AI capabilities.
Artificial-intelligence stocks slid worldwide Monday after leaders of the industry warned a slowdown is needed for the safety of humanity. Another jump in oil prices, meanwhile, briefly sent the yield of the 10-year Treasury to 5% for the…
The CEOs of Anthropic and OpenAI spooked markets, while investors monitored rising oil prices and an upcoming Fed rate decision.
Major indices are losing ground as traders worry about hawkish Fed and high oil prices.
PPG Industries has underperformed the Dow over the past year, but analysts are cautiously optimistic about the stock’s prospects.
US stocks opened lower on Monday, led by declines in technology shares after several artificial intelligence industry executives called for a slowdown in the development of advanced AI models. At 09:32 ET (13:32 GMT), the S&P 500 was down 0.
US stock futures moved lower on Monday as investors assessed calls for a slowdown in advanced artificial intelligence development, upcoming Federal Reserve policy decisions and renewed uncertainty surrounding oil supplies from the Middle East. At 03:04 ET (07:04 GMT), Dow futures were down 63 points, or 0.
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