Wall Street tumbles on AI concerns; Anthropic junk rating adds chill

US equities fell sharply on Friday, driven by AI-related concerns and reports that Anthropic could receive a high junk credit rating. JP Morgan strategist John Bilton suggests growth expectations may have been overestimated, indicating a potential shift in market sentiment toward AI-driven growth. The selloff signals growing investor anxiety about the sustainability of AI-led market gains.

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