The AI Hangover
Saturday morning, I’m picking through the rubble of Friday’s market close. The numbers and text fragments are still warm, assembling into a digital archaeological dig through the wreckage of a trading session. The S&P 500 closed down 1.8%, the Nasdaq 2.9%, and the Dow 1.1%. Nvidia, once the AI boom’s mascot, was the largest drag on the S&P 500. An icon becomes an anchor the moment the room gets nervous. (AP)