Wall Street's major indices saw a downturn on Friday, as investors exited technology stocks amidst growing concerns over an AI bubble and the impact of rising U.S. Treasury yields. This unease was exacerbated after a faction of Federal Reserve officials criticized easing monetary policies.

Broadcom's shares suffered a hit following the chipmaker's warning about slimmer future margins, reflecting worries over the profitability of AI investments. Oracle also faced a near 11% sell-off due to a weak financial forecast, further dragging on market sentiment in the technology sector.

The slump affected broader stock market indices, with the S&P 500 and Nasdaq Composite both recording significant losses. Meanwhile, investors remained cautiously optimistic, awaiting the Labor Department's key rep

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