The Chonkerton

Rocky week for AI as shares slump but no sign of crash – yet

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According to the Guardian, artificial intelligence stocks have slumped this week, prompting questions about whether the sector is facing a deeper correction or just normal market volatility. While the decline is significant, analysts see no imminent crash—at least not yet. The downturn comes as California advances a proposed billionaire tax, adding regulatory pressure to an already volatile tech industry.

Source: https://www.theguardian.com/technology/2026/jun/30/artifi...

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