On Friday, Wall Street's key indexes experienced a downturn as investors moved away from technology stocks, stirred by fresh apprehension over an artificial intelligence (AI) driven bubble and the impact of climbing U.S. Treasury yields. Concerns were heightened after Broadcom and Oracle revealed disappointing forecasts that fueled fears regarding the financial viability of recent AI investments.

Treasury yields surged when Federal Reserve officials expressed unease over inflationary pressures, pushing back against monetary easing. In response to Broadcom's warning of diminished future margins, its shares plummeted 11.4%. Oracle followed suit, with its shares sliding after presenting a bleak forecast, despite rejecting claims of data center delays for ChatGPT maker OpenAI.

Particularly a

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