WSJ Minute Briefing

U.S. Stocks Drop on AI Jitters

8 snips
Nov 6, 2025
U.S. stocks drop as fears about AI ignite a sell-off in big tech, leaving investors anxious. Meanwhile, Snap's stock rises with news of integrating Perplexity into its platform. Small-cap stocks are buzzing with action, highlighted by Charles Schwab's deal for Forge Global and Pfizer's enhanced bid for a weight-loss startup. Marvell sees a bit of a boost, fueled by rumors of a possible merger with ARM. A mix of excitement and caution fills the air in today’s market!
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INSIGHT

AI Jitters Drive Tech-Led Market Drop

  • A broad market sell-off was driven mainly by drops in major technology shares amid renewed AI jitters.
  • The Nasdaq led declines, falling about 1.9% as big AI-focused tech stocks slid after a brief rally.
ANECDOTE

Big Stock Moves From Deals And Integrations

  • Forge Global surged after Charles Schwab agreed to buy the private-share platform, jumping more than two-thirds.
  • Snap rose almost 10% after announcing Perplexity's AI answer engine would integrate into Snapchat.
INSIGHT

AI Demand Concerns Ripple Through Tech Stocks

  • AI demand concerns hit enterprise software names, with Salesforce falling over 5% on sector-wide worries.
  • The episode links shifting AI optimism directly to notable single-stock volatility.
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