A sharp sell-off in technology shares has rattled the A.I. sector. Even voices within the industry, including OpenAI’s Sam Altman, suggest that enthusiasm might be outpacing reality—leaving investors to wonder if this dip is merely a blip or the beginning of something bigger.

RBC warns that the S&P 500 could sink by as much as 20% if the conflict between Israel and Iran escalates or is prolonged. The escalating tensions pose significant risks to global markets, potentially impacting oil prices and inflation.

Wolfspeed’s stock is on the decline as the momentum from a recent short squeeze diminishes, marking a shift in market dynamics. Investors are watching closely as the company’s share performance adjusts.

Goldman Sachs’ chief global equity strategist Peter Oppenheimer warns that markets are increasingly vulnerable to a correction this year. In a recent discussion on ‘Squawk Box,’ he shared insights on market trends, investor strategies, and the current state of the economy.