AI Stocks Plunge, 10-Year Treasury Yield Tops 5%, Oil Surges Over 4%

Price ActionMacroCommodity Impact 5
โดย Seeking Alpha·GLOBAL·Read original
Summary · why it matters

Wall Street traded lower on Monday as AI-related shares tumbled after executives at leading U.S. AI companies called for a slower pace of development, with SoftBank falling as much as 13.2% in Japan, SK Hynix dropping 6.4%, Samsung Electronics declining 4%, and in the U.S. Nvidia slipping 2.4% premarket while Micron and AMD each fell 5% and Broadcom dropped 3.4%, following an essay Saturday by Anthropic CEO Dario Amodei arguing that progress on improving AI model capabilities should be slowed. Crude oil surged, with front-month Nymex crude jumping 4.3% to $104.37/bbl and Brent rising 4.5% to $109.32/bbl, after Persian Gulf countries called off a planned meeting with Iran on reopening the Strait of Hormuz and a Friday drone strike knocked out Saudi Arabia's East-West pipeline, which feeds the Red Sea port of Yanbu and moves 4M bbl/day; traders estimate the closure could cut off up to 4% of global oil supply, with Yanbu storage covering just 5-7 days of exports. The benchmark 10-Year Treasury yield reached 5% for the first time since October 23, 2023, adding 3 basis points Monday, while the 2-Year yield rose 4 basis points to about 4.66% and the 30-Year added 2 basis points to 5.37%. Kimberly-Clark is preparing possible asset sales to resolve European Union competition concerns over its proposed $40 billion acquisition of Kenvue, with the European Commission expected to notify the company of its concerns this week ahead of a preliminary review deadline on September 29.

Impact on stocks 14

Artificial Intelligence▼ · 4 stocks
NVIDIA Corporation
NVDA
▼ NegativeTechnologyrelevance

Anthropic CEO's call to slow AI development drove AI-related shares lower, with Nvidia slipping 2.4% premarket.

Advanced Micro Devices Inc
AMD
▼ NegativeTechnologyrelevance

AMD fell 5% as AI executives, led by Anthropic's CEO, called for slowing AI model development progress.

Broadcom Inc
AVGO
▼ NegativeTechnologyrelevance

Broadcom dropped 3.4% amid the AI-development slowdown push from leading AI executives.

Semiconductors▼ · 2 stocks
SK Hynix Inc
000660
▼ NegativeTechnologyrelevance

SK Hynix dropped 6.4% amid the AI-related selloff following calls to slow AI model development.

Micron Technology Inc
MU
▼ NegativeTechnologyrelevance

Micron fell 5% as AI-related shares tumbled following calls to slow AI model development.

Consumer Staples▼ · 2 stocks
Kimberly-Clark Corporation
KMB
▼ NegativeRegulationrelevance

Kimberly-Clark may need asset sales to resolve EU competition concerns over its $40B Kenvue acquisition, with the Commission set to notify concerns.

Kenvue Inc.
KVUE
± MixedRegulationrelevance

Kenvue is the target of Kimberly-Clark's $40B acquisition facing EU competition concerns, but no direct impact on Kenvue is stated.

Financials▼ · 1 stocks
SoftBank Group Corp.
9984
▼ NegativeTechnologyrelevance

SoftBank fell as much as 13.2% in Japan as AI-related shares tumbled on calls to slow AI development.

Digital Finance & Tokenization▲ · 1 stocks
Others▼ · 4 stocks

Off-coverage companies 1

AnthropicPrivate± Mixed
relevance

© 2026 MarketDXNews