Citadel founder Ken Griffin said investors are almost certainly in an AI bubble. He warned that a glut of chips could crash prices, comparing them to empty airline seats, but expects the survivors to lead for decades. For traders, it is a reminder that AI-linked assets could see sharp swings if sentiment turns.
Bitcoin pulled back from its earlier losses while stocks edged higher. Oil dropped sharply before bouncing back, after conflicting reports about the war in Iran. For traders, the swings show how fast geopolitical news can move markets.
Elice, a South Korean company, had a weak market debut, which added to worries about how AI infrastructure is valued. Brent crude also climbed above $111, making markets more uncertain. Together, these moves may weigh on risk sentiment for traders.
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