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US stocks slide, as Wall Street gets AI wake-up call

South China Morning Post 23 June 2026 1h ago
US stocks slide, as Wall Street gets AI wake-up call
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Wall Street got a reality check as a bruising sell-off in several technology giants fuelled concern the artificial intelligence frenzy that has powered the equity bull market might be overblown. The tech rout engulfed global stocks as worries about frothy valuations ignited a fresh bout of volatility after a nearly three-month surge in riskier assets. The S&P fell 1.4 per cent. The benchmark index
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