AI-exposed stocks have swung sharply in recent weeks, with the Nasdaq 100 losing over $600 billion after Anthropic CEO Dario Amodei called for a slowdown in cutting-edge AI development. Fears reversed as excitement over Meta's Muse assistant drove Meta shares up 11% on Monday, putting it on pace for its best month in over a decade. The volatility reflects investor uncertainty over AI's risks and rewards.
AI Stocks Swing Wildly as Traders Rethink Boom and Disruption Risks
Source: Moneycontrol