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Tesla Stock Drops as Musk Adds to the Chorus of AI Concern
Barrons.com11d agobearish
Tesla Stock Drops as Musk Adds to the Chorus of AI Concern

Tesla stock dropped early on Monday after CEO Elon Musk joined those concerned about humanity’s ability to control AI. “Dario is right,” tweeted Musk on Saturday, reposting a tweet from Anthropic CEO Dario Amodei. Amodei recently wrote a lengthy essay calling for a slowdown of AI development to help mitigate AI risks, including cyberattacks, bioterrorism, and economic.

Stock Futures Poised to Trade Ahead of Fed Rate Decision
Barrons.com11d agoneutral
Stock Futures Poised to Trade Ahead of Fed Rate Decision

Stock futures are set to begin trading later on Sunday ahead of the Federal Reserve’s interest rate decision this week. The yield on 10-year Treasury notes hit 4.97%, the highest since October 2023, and the 30-year bond yield rose above 5.35% for the first time since 2007. Markets largely expect Fed Chairman Kevin Warsh will deliver a rate increase after the Federal Open Market Committee meets this Tuesday and Wednesday.