US Tech and AI Stocks Fall on Revenue Concerns
US stocks and technology shares declined sharply as growing worries over artificial intelligence profitability weighed on markets. Meanwhile, oil prices rose and long-dated bond yields slipped following a strong Treasury auction.
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United States stocks fell on Thursday as tech shares dropped 1.3% following fresh revenue disclosures from OpenAI. The pullback follows growing investor scrutiny over AI profit margins and capital spending. Markets are testing whether valuations have peaked after years of artificial intelligence enthusiasm.
