AI leaders' call to slow development sparks a global tech selloff
Anthropic CEO Dario Amodei called for a slower pace of AI development in a widely shared essay; OpenAI's Sam Altman and Elon Musk both voiced agreement, dragging tech shares lower across Asia, Europe and the U.S. and reviving AI-bubble-sustainability concerns. CBS News, CNN, NBC News
Cybersecurity bucks the tape: Palo Alto Networks, CrowdStrike surge double digits
PANW and CrowdStrike rallied even as the broader tech tape sold off, lifted by a wave of analyst price-target hikes (Goldman, Wedbush, RBC, Morgan Stanley among them) after PANW's blowout fiscal Q4 and renewed AI-security demand tied to today's safety debate. The Motley Fool, GuruFocus
Oil pulls back from last week's highs
Brent settled at $101.77, down 2.5% from Friday's close, easing back from the highs reached after last week's Saudi pipeline attacks even as the East-West line remains offline.
Corning, Teradyne, Coherent lead the S&P 500 lower
Corning and Teradyne each fell more than 13%, the index's two worst performers, as parts of the AI/datacenter supply chain gave back recent gains alongside Coherent's near-13% slide amid a broader correction in AI-photonics names. Seeking Alpha, Investing.com
| Asset | Close | Chg | % |
|---|---|---|---|
| S&P 500^GSPC | 7,619.98 | -37.00 | -0.48% |
| Nasdaq Composite^IXIC | 26,186.41 | -146.63 | -0.56% |
| Dow Jones^DJI | 52,421.20 | -152.09 | -0.29% |
| CBOE Volatility IndexVIX | 17.10 | +1.26 | +7.95% |
| Brent CrudeBZ=F | $101.77 | -$2.65 | -2.54% |
| GoldGC=F | $4,324.30 | -$65.70 | -1.50% |
| Tenor | Close | Chg | % |
|---|---|---|---|
| 1-MonthT-bill | 3.94% | +1bp | +0.25% |
| 3-MonthT-bill | 4.11% | +4bp | +0.98% |
| 6-MonthT-bill | 4.18% | +6bp | +1.46% |
| 1-YearT-note | 4.37% | +2bp | +0.46% |
| 2-YearT-note | 4.65% | +2bp | +0.43% |
| 5-YearT-note | 4.80% | +2bp | +0.42% |
| 10-YearT-note | 4.97% | +1bp | +0.20% |
| 30-YearT-bond | 5.34% | -1bp | -0.19% |