During a period when market players are highly sensitive to news about AI, Wall Street experienced a downturn after Bloomberg reported that Oracle postponed the delivery of data centers being developed for OpenAI from 2027 to 2028. This move triggered concerns among investors, with the ‘fear gauge’ increasing significantly. The delay raised questions about the progress of AI projects, casting a shadow over the tech sector as a whole.
NY Stock Exchange sees further drop amid concerns about AI companies; ‘fear gauge’ skyrockets
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