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Another sell-off for AI stocks drags Wall Street sharply lower
AI stocks experienced significant declines, dragging major Wall Street indexes like the S&P 500 and Nasdaq lower. Companies such as Micron Technology, Marvell Technology, and Advanced Micro Devices saw sharp drops, while OpenAI and SpaceX announced plans for IPOs. The sell-off overshadowed easing oil prices, which had previously supported market gains.
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