Amid rising inflation, major AI firms like CoreWeave and Dell Technologies experienced significant stock price drops, losing around $80 billion in market value. Increased US interest rates have investors worried about the borrowing hurdles faced by less profitable firms within the sector.
Back to Business
Business
October 14, 2026 at 6:52 PM
US stocks: AI shares tumble, erasing $80 billion as hot US inflation fuels rate fears
Economic Times
Excerpt from Economic Times.