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News articleYahoo Finance· February 12, 2026

Stock market today: Dow, S&P 500, Nasdaq sink as tech gets hit, AI disruption fears grow

View original at finance.yahoo.com
Stock market today: Dow, S&P 500, Nasdaq sink as tech gets hit, AI disruption fears grow US stocks turned sharply lower Thursday as fears of AI-driven disruption prompted investors to rotate out of technology shares…
Opening lines of the source · Yahoo Finance · short snapshot — read the full document at the original

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  • Global oil market is tightening instead of loosening, especially as US ratchets up pressure on Russia and Iran

    80% confidence
  • The system is ill-equipped to address the dramatic increase in demand created by AI data centers

    80% confidence
  • Fed will not cut rates under Jerome Powell's leadership

    80% confidence
  • If unemployment rate is stable or down by June, Warsh might be stuck on hold for rest of year

    80% confidence
  • The regulatory framework was not designed for single-sector load shocks, so policymakers are attempting to adjust in real time

    80% confidence
  • January jobs report was a feast for the hawks with payrolls surging above all expectations

    80% confidence
  • Path to rate cuts under Kevin Warsh now looks narrower after strong jobs report

    80% confidence
  • Strong demand and sluggish supply will likely increase power prices in regional wholesale markets

    80% confidence
  • Oil market will spend 2026 in deep oversupply glut of 3.73 million barrels per day excess oil

    80% confidence
  • Oil demand will rise by 1.38 million barrels per day in 2026

    80% confidence
  • Strong, broad-based demand for Cisco technology solutions with significant opportunities ahead

    80% confidence
  • Electricity inflation has more than doubled headline inflation due to AI infrastructure buildout

    80% confidence
  • About 1% of all US counties account for about 70% of data center capacity

    80% confidence
  • World oil demand will rise by 850,000 barrels per day in 2026, 80,000 bpd lower than January forecast

    80% confidence

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What we're seeing
AI Boom Hits a Fork: Slowdown Calls Clash with Capex Confidence as Markets Get Nervous
Dario Amodei's repeated calls for a global slowdown in frontier AI development, echoed by Microsoft's new humanist AI code of conduct and FTC antitrust caution, are being publicly rejected by Nvidia and Meta leadership even as hyperscaler spending draws fresh skeptical scrutiny (Wachter's analysis, Burry-style overbuilding worries) and weak guidance from Adobe and a post-slowdown-comment selloff in GE Vernova signal investor jitters. Meanwhile wealth and security effects of the AI race keep compounding — Zhang Yiming's fortune surging on AI-driven ByteDance value, a Chinese hacking firm weaponizing AI against stolen government secrets, and low-quality AI-generated products (an AI sitcom, a spam-flooding agent platform) fueling backlash even as adoption races ahead.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Berkshire Hathaway
Both facts report Berkshire Hathaway's cash position on 2026-01-01 with identical observation timestamps, but claim vastly different values: 380 billion USD vs 400 USD. These cannot both be true for the same entity at the same point in time. The magnitude of the discrepancy (a factor of ~10^9) rules out rounding, unit conversion, or methodological differences.
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