U.S. Stocks Fall Sharply Amid AI Market Decline

U.S. stocks experienced a sharp decline, particularly in the technology sector, with major AI-related companies suffering significant losses. The S&P 500 fell by 1.12%, led by drops in tech giants like Amazon, Alphabet, and Meta, while Nvidia and Tesla saw losses exceeding 5%. Concerns over competition from Chinese AI developers and the impact of rising costs weighed heavily on investor sentiment. Amidst this market turmoil, analysts suggest that certain tech stocks, such as Block and Datadog, may present investment opportunities despite being down significantly from their highs. Additionally, C3.ai's stock has faced a bearish trend, indicated by a recent