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US Stocks Fall on AI Earnings Fears
US stocks fell sharply recently. Investors worry artificial intelligence will hurt company profits.
Tech stocks fell first. Selling pressure spread to other areas like industrial companies.
Gold and silver prices also dropped. US Treasury bonds rallied during the decline.
Klear Note — AI companies have grown very fast recently. Investors now worry AI won't make as much profit as expected. When stocks fall, people often buy safer investments like gold and bonds.
Key Terms 2
- artificial intelligence
- computer systems that learn and make decisions like humans
- Treasury bonds
- loans to the US government that pay interest