Bloomberg Businessweek Daily Podcast: AI Rout Rattles Markets

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF A post-election slide in chipmakers snowballed as investors bailed from technology shares on speculation that congressional Democrats will clamp down on the artificial-intelligence industry. What started as a rotation out of semiconductor stocks morphed into a broad rout, with all 11 sectors in the S&P 500 Index in the red. Traders caution against interpreting the broader market moves as a fundamental shift in investor preferences. On today's episode: Eric Weiner, Bloomberg News Senior Editor Ira Jersey, Bloomberg Intelligence Chief US Rates Strategist Timna Tanners, Wells Fargo Metals & Mining Analyst Tim O'Brien, Bloomberg Opinion Senior Executive Editor (Source: Bloomberg)