TREE NEWS reports: US stocks closed lower, with the Dow down 0.34%, the S&P 500 down 1.09% and the Nasdaq down 2.14%, while the VIX rose 21.45%. AI-linked shares led the decline: CoreWeave fell 11.91%, Twilio 10.62%, Super Micro 9.86%, Tempus AI 9.01% and Snowflake 8.43%. The data was sourced from MSX, an RWA trading platform that has listed hundreds of RWA tokens covering US equities and ETFs including Nvidia, GOOGL, MSFT, AMZN, META, TSM and AMD.
US stocks close lower as AI names sell off; CoreWeave drops 11.91%
AI take
The scale of the VIX move alongside a Nasdaq decline more than double the Dow's points to a rotation out of AI-linked equities rather than broad risk aversion. The concentration of losses in compute and data names suggests investors are re-examining the durability of AI infrastructure spending. What matters next is whether this selling spills into the mega-cap AI names that anchor the indices, or remains contained to the high-beta periphery.
Generated by AI for reference only.
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