Tech stocks fall as AI disruption fears hit more companies

Wall Street is back to playing defense against AI. After the long weekend, stocks reopened under pressure. The Nasdaq Composite slid close to 1% in early trading, with the S&P 500 (down 0.8%) and the Dow Jones Industrial Average (down 0.4%) also in the red. The selling wasn’t confined to obscure corners of the market. Mid-morning trading showed broad weakness across the AI complex — from chipmakers to platforms — as investors tried to sort out who actually benefits from the boom and who might be replaced ...