Wall Street Hit With New AI Bubble Jitters as Doubts Grow
Wall Street’s AI rally is under pressure, with investors cautious on whether recent bets will deliver lasting profits. U.S. stocks edged higher Monday after Friday’s drop. At the open, the Dow was up 0.26%, the S&P 500 rose 0.77% and the Nasdaq climbed 1.38%, as chip stocks recovered and worries in the Middle East eased.