BUSINESSSEMAFOR
Bets against AI companies spike
Investors have increased bets against AI companies and consumer-focused stocks amid concerns over AI-related risks and potential inflation from the Iran war. Short positions against S&P 500 companies reached $1.4 trillion, with significant shorting of SpaceX and CoreWeave shares.
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Adjacent reporting
- Swings for AI stocks whipsaw markets worldwide, while oil prices keep climbing
- Slumping AI stocks overshadow gains for the rest of Wall Street, while oil prices drift
- As artificial-intelligence capital expenditures rise, so do the risks for AI stocks, Goldman Sachs tells investors
- Tech stocks lead steep global sell-off as investors lose faith in AI chip trade
- AI stocks gather more strength, even as Brent oil's price nears $92