US Futures Stabilize After AI-Driven Selloff

2026-02-23 23:46 By Jam Kaimo Samonte 1 min. read

US stock futures steadied on Tuesday after the major indexes tumbled in the prior session amid renewed concerns that rapid AI advances could disrupt multiple industries.

President Donald Trump’s threat to raise global tariffs to 15% and escalating tensions between the US and Iran further weighed on sentiment.

In regular trading on Monday, the Dow fell 1.66%, the S&P 500 slid 1.04% and the Nasdaq Composite dropped 1.13%.

Software names and payment companies led the losses on fears of AI displacement, with IBM plunging 13.1% after Anthropic unveiled new coding tools.

American Express also sank 7.2% following research flagging the risk of widespread AI-driven job losses.

Other notable decliners included CrowdStrike (-9.9%), Oracle (-4.6%), Applovin (-9.1%), Visa (-4.5%) and Mastercard (-5.8%).

Investors are now focused on key earnings releases this week from Home Depot, Nvidia, Salesforce and Snowflake, among others.



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