AI Debt and Fed Hikes Shake Markets

The stock market took a hit yesterday as the Nasdaq and S&P 500 hit their lowest levels in over a week, driven by steep declines in semiconductor stocks. Investors are growing uneasy about the massive borrowing fueling AI projects, with even SpaceX jumping into the bond market to raise cash. Big names like Nvidia and Alphabet, plus chipmakers Intel and AMD, all saw losses — even memory chip leaders feeling the pressure. Tomorrow’s Micron earnings could reveal how the AI chip sector is really holding up. Meanwhile, traders now expect the Fed to hike rates twice by December — up from just one hike weeks ago — as the Personal Consumption Expenditures data looms Thursday. It’s a volatile mix of tech jitters, AI debt concerns, and looming rate hikes keeping everyone on edge. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b0a4cfda550ee7b8