Stock futures fall as investors weigh AI safety concerns, oil gains: Live updates

Live updates

1. 1d ago

   US Stock Futures Fall as AI Safety Warnings and Oil Gains Hit Markets

   US stock futures and global equities fell on Monday as investors digested warnings from artificial intelligence lab leaders, including Anthropic, urging a slowdown in advanced technology development. At the same time, rising oil prices driven by supply disruptions and upcoming Federal Reserve monetary policy decisions weighed on market sentiment. Major chipmakers and AI-linked stocks experienced sharp declines worldwide, with SoftBank shares dropping 13 percent. Meanwhile, defensive sectors outperformed broader market losses as investors reassessed technology valuations.

   Why it matters

   Wall Street faces renewed pressure as artificial intelligence frontrunners sound alarms over the safety risks of rapid development. These warnings coincide with broader macroeconomic strains, including expectations around upcoming Federal Reserve actions and energy supply uncertainties stemming from the Middle East. The divergence between sliding technology stocks and steadier traditional sectors highlights growing caution among market participants.

   What is confirmed

   • US stock futures moved lower as investors assessed calls for a slowdown in advanced artificial intelligence development.
   • SoftBank shares slid 13 percent after AI chiefs sounded alarms on safety.
   • Nvidia dropped 3.2 percent while Intel, AMD, and Marvell fell sharply.
   • Software stocks including ServiceNow and Adobe rose as investors reassessed artificial intelligence.

   Still unconfirmed

   • Saudi Arabia closed a pipeline, causing oil prices to rise.

   What to watch next

   • Upcoming Federal Reserve policy decisions on interest rates
   • Further market reactions to calls for artificial intelligence development pauses from frontier labs
   • Developments regarding Middle East oil supplies and pipeline operations
   Sources used for this update (24)

   1. Investor's Business Daily — Futures Loom, Fed Ahead; AI Leaders Urge Slowdown
   2. cnbc.com — Stock futures fall as investors weigh AI safety concerns, oil gains: Live updates
   3. Bloomberg.com — US Stock Futures Fall on AI Warning, Oil Gains: Markets Wrap
   4. Reuters — S&P 500 falls as AI worries hit software makers
   5. BBN Times — S&P 500 Weekly Review: Benchmark Slips 0.8% to 7,657 as Health Care and Materials Weigh on Wall Street
   6. dars.gov.et — Market Wrap: Energy Strength Offsets Tech Drag as S&P 500 Slips to 7,785.76 - Trading Volume Trends
   7. siam.in — Defensive Sectors Outperform as S&P 500 Retreats on Growth-Stock Weakness - Unemployment Trends
   8. Investing.com — U.S. stock futures slide on calls to slow AI development, M.East escalation
   9. Bloomberg.com — SoftBank Shares Slide 13% After AI Chiefs Sound Alarm on Safety
   10. Yahoo Finance — Amodei's AI Slowdown Warning Rattles Futures: Will Stocks Open Lower?
   11. finance.yahoo.com — Tech firms hit by AI slowdown call with Fed expected to hike rates
   12. Reuters — AI-linked Asian stocks slump after top lab CEOs call for slowing down technology's development
   confidence 90%