Stock Declines Accelerate After Chinese Startup Releases New AI Model

“You miss 100 percent of the shots you never take.” — Wayne Gretzky

Good evening,

The bloodbath in tech stocks showed no signs of letting up any time soon.

The S&P 500 lost 1.6% to 7,457.69 points, with seven out of the 11 sectors finishing in the red this week. Energy stocks were the best performers, up nearly 5%, benefiting from a renewal in fighting, while technology stocks were the worst performers, down 3.8%. 

Shares of chipmakers have been hurt in recent weeks becau...

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