Wall Street AI rally faces pressure ahead of Meta, Tesla and major chipmakers' earnings reports
India, Oct. 18 -- Wall Street's AI rally is facing a big test as investors wait for quarterly earnings reports from major technology companies, including Meta Platforms and Tesla. Recent falls in AI stocks have raised doubts about whether the stock market rally can continue.
AI stocks have fallen in recent days. Shares of chipmakers and technology hardware companies, including Dell Technologies, have also dropped sharply. These stocks have helped drive the growth of the US stock market over the past four years.
Investors are now becoming less sure about the future of AI stocks. The upcoming earnings reports could help them understand whether companies will make enough money from their huge investments in AI to justify their high stock p...
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