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U.S. stock futures declined Tuesday morning after investors reduced positions in shares tied to artificial intelligence. The move followed recent gains in those stocks.
benzinga.comU.S. stock futures declined at the open as traders reduced holdings in shares linked to artificial intelligence.
Volume in the affected technology names rose as positions were sold. Traders cited crowded positioning in AI-related equities as the reason for the sales.
The VIX index, which tracks expected market swings, rose during the session. No company-specific announcements were cited as the direct cause of the move.
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Al-MonitorAntonio Guterres urged major AI companies to measure and report their environmental footprint during a June 23 speech in London. He also launched an initiative requiring renewable power for all data centers by 2030 and pressed governments on methane cuts from fossil fuels.
bgr.inReflection AI will pay SpaceXAI $150 million per month starting July 1, 2026, for access to Nvidia GB300 chips at the Colossus 2 data center. The contract runs through 2029 and totals up to $6.3 billion.
Meta halted its Model Capability Initiative after internal data including keystrokes and conversations became accessible company-wide. The company classified the incident as SEV 2 and said it is investigating while maintaining no evidence of improper access by staff.