| Editor note's: Chip stocks led Wall Street lower today after Anthropic CEO Dario Amodei publicly called for slowing the pace of frontier AI development over safety concerns — a call OpenAI's Sam Altman and xAI's Elon Musk both said they agreed with. Nvidia fell 3% and Micron dropped more than 5%, adding to pressure from oil's surge past $108 a barrel, which pushed the 10-year Treasury yield to 5% for the first time since 2023 ahead of Wednesday's Fed meeting. |
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