Tech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets Wrap

Wall Street was rattled by a renewed selloff in some of the world’s largest technology companies, with stocks also falling as a flare-up in geopolitical tensions lifted oil prices. Those worries drove the S&P 500 to a five-week low, with the benchmark dropping...

AI Selloff a ‘Wake-Up Call’ for Investors, Wells Fargo Says

Friday’s technology-driven selloff was a “wake-up call” for investors, according to Wells Fargo & Co., which said it has highlighted the risks of piling into the artificial-intelligence trade. As a result, analyst Ohsung Kwon said the “sugar rush” behind the...