BFM 89.9
The Business Station
AI Sell-Off Tests Wall Street’s Confidence
10 mins
·
07:00, 20 Oct 2026
·
Recommended
1 min
48 mins
38 mins
Guest: Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
Wall Street faces a crucial earnings week following a sharp sell-off in AI-linked stocks, with investors increasingly questioning whether enormous technology investments can deliver sustainable returns. Meanwhile, mounting concerns over debt-funded AI infrastructure, France’s fiscal troubles and weakening underlying US consumer spending are adding to market uncertainty.
Image Credit: Shutterstock
Presenter: Richard Bradbury, Roshan Kanesan, Keith Kam
Producer: Maziah Barek Miji, Richard Bradbury
AI stocksCorweaveFrance bond yieldssemiconductor demandcredit marketjoe quinlanchina economyus retail sales
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