U.S. stocks open mixed as AI names slide, with CoreWeave down more than 7.3%

U.S. stocks open mixed as AI names slide, with CoreWeave down more than 7.3%

N
News Editor
2026-10-16 13:31:07
U.S. stocks opened with mixed performance, according to data cited by Odaily from MSX.COM. The Dow Jones Industrial Average rose 0.3%, while the S&P 500 added 0.12%. The Nasdaq, however, slipped 0.17%, and the VIX volatility index fell 3.77% at the open. AI-related stocks broadly moved lower. CoreWeave posted the steepest decline among the names listed, falling 7.3%. Micron dropped 3.49%, Astera Labs lost 2.89%, Arm fell 2.8%, and KLA was down 2.58%. The report also noted that MSX is a major RWA trading platform. It said the platform has listed hundreds of RWA tokens tied to popular U.S. equities and ETFs, including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

U.S. stocks opened mixed, according to MSX.COM data cited by Odaily. The Dow Jones Industrial Average rose 0.3%, the S&P 500 gained 0.12%, and the Nasdaq fell 0.17%. The VIX volatility index was down 3.77%.

AI stocks opened broadly lower

Among AI-related names, CoreWeave fell 7.3%, Micron dropped 3.49%, Astera Labs lost 2.89%, Arm declined 2.8%, and KLA slipped 2.58%.

MSX outlines its RWA listings

The report said MSX is a major RWA trading platform that has listed hundreds of RWA tokens. Those products cover popular U.S. stocks and ETF-linked tokenized assets, including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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