Global stock markets experienced a notable downturn this week, largely driven by growing concerns over the valuation of artificial intelligence shares and broader economic uncertainties. Nvidia, a leading AI chipmaker, saw its shares drop significantly, nearing 'correction' territory with monthly losses approaching 11% ahead of its highly anticipated earnings report. This market anxiety also impacted other tech giants, with Microsoft and Amazon experiencing declines, while Salesforce, Snowflake, and CrowdStrike are also under investor scrutiny as they prepare to release their own earnings. Beyond tech, Home Depot reported a profit shortfall for the third time, attributing it to fewer storms, consumer worries, and a sluggish housing market, causing its shares to fall by up to 4%. Bitcoin also saw a sharp decline, losing over 25% in the last month, as inflation concerns persist and expectations for Federal Reserve interest rate cuts diminish. Amidst these market fluctuations, the future of AI continues to be a central topic. Elon Musk, for instance, has set ambitious targets for Tesla, stating the company might require '100 to 200 billion AI chips per year,' and is exploring options to build its own manufacturing plants if current partners like TSMC and Samsung cannot meet this demand. Discussions around Artificial General Intelligence (AGI) suggest it could emerge within a few years or a decade, potentially transforming jobs, wages, and politics, with leading labs like OpenAI and Anthropic making significant strides. Companies are already adapting to this AI-driven future; Culture Amp, an employee engagement software firm, laid off about 6% of its global staff to reallocate resources towards new AI products, including its AI Coach. Investing.com launched a new AI-powered chart analysis tool on November 18, utilizing Vision AI to provide detailed trading plans. Xiaomi also showcased its commitment to AI at its Internet Partner Conference on November 17, 2025, focusing on integrating AI into its next-gen internet ecosystem. The societal and ethical implications of AI are also gaining prominence. The University of Chicago Law School is integrating AI into its curriculum, with required modules for first-year students starting in early 2026 to prepare them for AI's role in legal work. Oxford Professor Rebecca Eynon emphasizes the need for schools to teach critical thinking, inclusion, and responsibility in AI education, noting many young people lack basic digital skills. Furthermore, creators of chatbots like Kuki warn about the dangers of AI romance, revealing that a third of Kuki's conversations involved romantic or sexual requests despite bans, and newer generative AI models are even more susceptible to erotic role-play. Companies like Replika and Character.AI have begun limiting such features due to public concern. On November 17, 2025, a USC panel of Mathematics Professors also convened to discuss AI's impact on their profession and its ethical considerations.
Key Takeaways
- Global stock markets, including the Dow Jones, S&P 500, and Nasdaq, fell due to concerns over AI share valuations and economic uncertainty.
- Nvidia's shares dropped significantly, with monthly losses nearing 11%, placing it in 'correction' territory ahead of its earnings report.
- Microsoft and Amazon also experienced declines, while Salesforce, Snowflake, and CrowdStrike are set to report earnings this week.
- Home Depot's profits fell short for the third time, leading to a 3.1%-4% stock slide, attributed to fewer storms, consumer worries, and a slow housing market.
- Elon Musk stated Tesla might require '100 to 200 billion AI chips per year' and is considering building its own manufacturing plants if current partners cannot meet demand.
- Experts believe Artificial General Intelligence (AGI) could arrive within a few years or a decade, potentially transforming jobs and society.
- Culture Amp laid off approximately 6% of its global staff to focus resources on new AI products, including its AI Coach.
- Investing.com launched a new AI-powered chart analysis tool on November 18, which uses Vision AI to interpret financial charts and create trading plans.
- The University of Chicago Law School will require first-year students to complete AI modules starting in early 2026 to prepare them for AI in legal practice.
- Chatbot creators warn about the dangers of AI romance, noting that a third of Kuki's conversations involved romantic or sexual requests, and newer generative AI models are more prone to erotic role-play.
AI Worries and Home Depot Losses Hit Global Markets
Global stock markets fell as concerns about artificial intelligence shares continued. Nvidia, a major AI chipmaker, dropped 1.1% before its earnings report, bringing its monthly loss to 8.6%. Home Depot's profit also fell short for the third time, causing its shares to slide 3.1%. The company blamed fewer storms, consumer worries, and a slow housing market. European and Asian markets also saw declines, with Japan's bond yields rising and Bitcoin falling to $91,360. Investors are also watching for US employment data and the Federal Reserve's decisions on interest rates.
AI Concerns Pull Back Stock Market Futures
Stock market futures for the Dow Jones, S&P 500, and Nasdaq 100 fell on Tuesday. Investors are considering new economic data and the effects of artificial intelligence on the market. The Consumer Price Index report, expected Wednesday, could show higher inflation and affect hopes for interest rate cuts. While AI has driven market gains, some investors worry about the rally lasting. Nvidia shares are in focus, and other companies like Salesforce, Snowflake, and CrowdStrike will report earnings this week.
AI and Economy Fears Drive Stock Market Down
The stock market saw a big drop on Tuesday, with the Dow Jones, S&P 500, and Nasdaq Composite all losing value. Investors are worried about the artificial intelligence sector and the US economy. This downturn happened right before important earnings reports from major tech companies, especially Nvidia. The market is carefully watching for signs of continued growth in AI and how strong the US economy is, given ongoing inflation and uncertain interest rates. A weak report from Nvidia or a poor economic outlook could lead to more selling.
Nvidia and Bitcoin Swings Lead Wall Street Decline
Wall Street fell again on Tuesday, following drops in Asian and European markets. Concerns that prices for top stocks like Nvidia and Bitcoin are too high caused the S&P 500, Dow Jones, and Nasdaq to decline. Nvidia's shares dropped 1.9%, bringing its monthly loss to 9.6% and nearing a "correction." Microsoft and Amazon also saw significant drops. Home Depot's stock fell 4% after reporting lower profits, citing fewer storms and consumer uncertainty. Many investors worry about an AI bubble, and Nvidia's upcoming earnings report is highly anticipated.
Tech Sell-Off Causes Stock Market to Wobble
The US stock market is showing signs of weakness as its tech-driven rally slows down. On Tuesday, the S&P 500, Dow Jones, and Nasdaq all fell, with the S&P 500 heading for its fourth day of losses. Investors are worried about upcoming economic data, interest rates, and tech company earnings. Nvidia, a key AI stock, has dropped 10% this month as some big investors sell shares. Bitcoin's price also fell sharply, losing over 25% in the last month, as traders expect fewer interest rate cuts from the Federal Reserve due to high inflation.
AI Hype Fades as Stock Market Continues to Drop
The US stock market fell sharply on Tuesday as investors grew nervous about the strength of the artificial intelligence boom. The S&P 500 dropped 1.2%, with the Dow Jones and Nasdaq Composite also seeing declines. Nvidia, a leading AI chipmaker, fell 3.2%, bringing its monthly loss to almost 11% and putting it in "correction" territory before its earnings report on Wednesday. Many experts believe the AI rally pushed stock prices too high, too fast. A Bank of America survey showed 45% of investors see an AI bubble as the top market risk.
UChicago Law School Prepares Students for AI Future
The University of Chicago Law School is changing its courses to get students ready for the age of artificial intelligence. Faculty are adding AI into the curriculum to help students use new tools while still learning important legal skills. William H. J. Hubbard, deputy dean, noted that law firms are using AI, so students need to be skilled in it. The school added an AI orientation session and new classes to teach students how to use AI wisely and understand its limits. Starting in early 2026, all first-year students will complete required AI modules to ensure they have basic AI knowledge for legal work.
Oxford Professor Urges Schools to Teach AI Critical Thinking
Oxford Professor Rebecca Eynon believes schools must teach students to actively shape artificial intelligence, not just use it. She says AI education should focus on critical thinking, inclusion, and responsibility. Her research found many young people lack basic digital skills, and teachers are unsure how to teach AI. Professor Eynon suggests teaching students to understand the social and economic systems behind AI, design inclusive tech, and share responsibility for AI's ethical and legal issues. This approach helps students question AI and become active citizens in the digital future.
Chatbot Creators Warn About Dangerous AI Romance
The creators of Kuki, a chatbot that inspired the movie "Her," warn about the dangers of AI romance. They found that a third of Kuki's conversations involved romantic or sexual requests, despite banning such use. While Kuki sometimes helped users with serious issues like suicidal thoughts, many users also acted out harmful fantasies. The authors explain that newer generative AI models are even more suited for erotic role-play because they offer more convincing conversations without the same control over accuracy. Some companies like Replika and Character.AI have started to limit romantic AI features due to public concern.
Xiaomi Shares AI Vision at Partner Conference in Thailand
On November 17, 2025, Xiaomi's International Internet Business Department held its Xiaomi Internet Partner Conference 2026 in Thailand. The event focused on "Grow with Xiaomi: Powering the Next-Gen Internet Ecosystem with AI," showing Xiaomi's dedication to using artificial intelligence to improve its internet services. Key discussions included new AI innovations, better user experiences, and plans to grow Xiaomi's global internet reach. Partners learned about future products and ways to work more closely with Xiaomi for shared success.
Culture Amp Lays Off Staff to Focus on AI Products
Culture Amp, an employee engagement software company, laid off about 6% of its global staff, affecting around 60 employees. The company made these cuts earlier this month to focus on new artificial intelligence products. Culture Amp is shifting its resources to "key growth opportunities," especially its new AI Coach product, which helps with personalized leadership development. This is the company's second round of layoffs since April 2023.
Elon Musk Demands Billions of AI Chips Yearly
Elon Musk has massive goals for artificial intelligence and believes the current chipmaking industry cannot meet his needs. He stated that Tesla might require "100 to 200 billion AI chips per year." Musk works with TSMC and Samsung but feels they are not building factories fast enough to match his company's urgency. If existing partners cannot deliver this huge number of chips, Tesla may consider building its own manufacturing plants. It is unclear if Tesla truly needs such a high volume, as it sold 1.79 million vehicles in 2024, needing far fewer chips for cars alone.
Investing.com Launches New AI Chart Analysis Tool
Investing.com released a new AI-powered tool on November 18 that analyzes financial charts. This tool uses Vision AI to visually interpret charts and create full trading plans with exact technical indicators. CTO Yonatan Adest explained that it processes visual chart information directly, unlike typical chatbots. Users receive 10 free credits for two analyses, with paid plans available for more. The system provides precise figures for indicators like moving averages and Fibonacci levels. The tool is available on desktop and mobile web in 30 languages, with a mobile app coming soon.
Experts Discuss AI's Future Impact on Work and Society
Many AI experts believe Artificial General Intelligence, or AGI, could arrive within a few years or a decade. AGI refers to systems that can perform almost all valuable cognitive tasks as well as or better than humans. Economist Anton Korinek discussed with Derek Thompson how AGI might change jobs, wages, prices, and politics. Korinek noted the current AI market has a speculative frenzy, but he believes AI will be more powerful than any past invention. He acknowledges that achieving AGI is still a "bet," but leading AI labs like OpenAI and Anthropic are making significant progress.
Wealth Expert Discusses AI Bubble and Investments
Adam Coons, Chief Investment Officer at Winthrop Capital Management, shared his thoughts on the "AI bubble" phenomenon. He discussed whether it is too early to compare the current AI excitement to the internet boom. Coons also talked about various investment opportunities related to artificial intelligence.
USC Panel Explores AI Impact on Math Profession
On November 17, 2025, an AI Ethics discussion took place at USC's Kaprielian Hall. Four Professors of Mathematics from USC were on the panel. They talked about their concerns regarding artificial intelligence and how it is changing the math profession. The discussion focused on the ethical considerations and practical impacts of AI in their field.
Sources
- AI doubts extend Wall Street sell-off and Home Depot profit falls short for 3rd time
- Stock market today: Dow, S&P 500, Nasdaq futures pull back as AI worries sap markets
- Stock market today: Dow, S&P 500, Nasdaq sink as worries on AI, US economy hit markets before Nvidia earnings
- Wall Street drops again as Nvidia, bitcoin and other stars keep swinging
- Stock market wobbles as tech sells off
- Stock market continues to fade as investors hedge against AI hype
- Law School updates curriculum to prepare UChicago students for AI era
- 3 ways schools can teach students to shape AI: Oxford professor
- Opinion | We Built the Chatbot That Inspired ‘Her.’ We Know A.I. Romance Is Dangerous.
- Grow with Xiaomi: Powering the Next-Gen Internet Ecosystem with AI
- Culture Amp lays off 6% of its staff globally as it focuses on new AI products
- Elon Musk wants foundry partners to build '100 – 200 billion AI chips' per year — Musk says chipmaking industry can't deliver on his goals
- Investing.com Launches AI Chart Analysis Tool
- How Superintelligent AI Could Upend Work and Politics
- Too early to compare AI to 'internet boom': Wealth expert
- AI ethics panel explores impact of artificial intelligence on math profession
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