Doubts About AI Cause Cracks in Stock Market

The stock market is showing cracks as investor doubts about the AI sector grow, fueled by concerns over rising interest rates, energy prices, and slow job growth. Fears include potential market oversupply from Chinese memory chip production and whether AI revenues will justify the massive debt taken on for data center build-outs. Slowed revenue growth at AI giant Anthropic has also contributed to the market's unease.