Stock market’s $1 trillion wipeout is a taste of what can happen when AI bets unspool - MarketWatch
1. U.S. stocks lost $1 trillion on Monday, affecting significant players like Nvidia. 2. Nvidia shares rose 9% after a 17% drop, indicating market volatility. 3. Tech stocks heavily influenced S&P 500's fall despite broader market gains. 4. Nvidia contributed 4 percentage points to S&P 500's performance over two years. 5. Emerging AI competitors raised doubts about necessity for Nvidia's chips.