“Two unwelcome headwinds collide. Warnings that AI development needs to slow down, combined with another leg higher in oil prices after the Saudi East-West pipeline closure, are a difficult mix for risk assets.”

(Bloomberg) -- US equity futures fell and oil advanced as investors weighed renewed concerns over the pace of AI development against hotter-than-expected US inflation that…

(Bloomberg) -- US equity-index futures retreated after major artificial intelligence companies called for a slowdown in the technology’s development, raising concerns about a…

Asian shares are mixed and U.S. futures have edged lower

US tech stocks fell sharply on Monday as AI industry leaders called for a slower pace of development over safety concerns. The Nasdaq dropped 1.2%, while the S&P 500 fell 0.8%.…