US stocks fall as AI rally shows fatigue

New York, Nov 7, 2025 (AFP)
Wall Street stocks fell early Friday as large AI-focused equities that have propelled the market in 2025 faced selling pressure amid valuation concerns.
Shares of Amazon, Google parent Alphabet and artificial intelligence chip giant Nvidia were among those in the red. Briefing.com analyst Patrick O'Hare tied the weakness to the retreat in Palantir shares after the company reported strong earnings earlier this week.
Unclear is whether "this loss of momentum is a simple profit-taking consolidation or the start of a larger valuation-driven correction," he said.
About 35 minutes into trading, the Dow Jones Industrial Average was down 0.4 percent at 46,732.07.
The broad-based S&P 500 dropped 0.8 percent to 6,668.96, while the tech-rich Nasdaq Composite Index fell 1.2 percent to 22,770.16.
Among individual companies, Tesla dropped 3.6 percent after its shareholders endorsed a massive compensation plan for Elon Musk that could end up being worth some $1 trillion.
Ford rose 1.7 percent after the Wall Street Journal reported that the automaker might end production of the electric version of the F-150 pickup truck following big losses.

Sumber : AFP