NewsWPLG Local 10 – Main FeedSeptember 14, 2026Miami-Dade County
AI stocks slide worldwide as industry leaders call for development slowdown and oil prices push 10-year Treasury yield to 5%
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Artificial-intelligence stocks dropped globally on Monday after industry leaders warned a development slowdown is necessary for human safety, while rising oil prices briefly pushed the 10-year Treasury yield to 5% for the first time since 2023. The S&P 500 fell a modest 0.3% as gains in other sectors limited broader market losses. Meanwhile, the national average cost for a gallon of regular gasoline rose to nearly $4.32.
Read the full story at WPLG Local 10 – Main FeedWhy It Matters
The rise in Treasury yields and oil prices increases borrowing costs for U.S. households and companies, leading to higher long-term mortgage rates.
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Who's Mentioned
OrganizationNvidia“Chip manufacturer whose profits have soared from AI training”OrganizationIntuit“Software company behind TurboTax and QuickBooks”PersonSam Altman“OpenAI CEO interviewed by Fortune”OrganizationSK Hynix“Influential South Korean stock”OrganizationOpenAI“Artificial intelligence research organization”OrganizationSpaceX“Aerospace company connected to AI business”PersonElon Musk“SpaceX head supporting calls to slow AI development”PersonDario Amodei“Anthropic CEO who warned about AI safety risks”OrganizationSamsung Electronics“Influential South Korean stock”OrganizationAutodesk“Software company helping designers”PersonWarren Patterson“ING commodities strategist”OrganizationAAA“Automotive association reporting average gasoline costs”OrganizationSoftbank Group“Japanese investor in OpenAI”PersonChan Ho-him“AP Business Writer”OrganizationFederal Reserve“U.S. central bank addressing inflation”OrganizationAdobe“Software company limiting Wall Street losses”PersonDonald Trump“U.S. President commenting on AI competition with China”PersonMichelle Chapman“AP Business Writer”PersonEwa Manthey“ING commodities strategist”