All top stories · This edition

AI Market Selloff and IPO Woes

October 20, 2026

Summary

The AI market is experiencing a downturn, marked by a selloff and disappointing initial public offerings, alongside regulatory actions impacting AI tools.

Coverage by lane

Left

  • US bans use of China’s DeepSeek AI tools by government agencies

Center

  • RBC Weighs Blocking Meta’s AI Agent Muse, CEO McKay Says
  • AI Selloff Returns, Oil Tops $110 a Barrel
  • AI rally fades away from Wall Street as a tiny IPO makes big waves
  • US Futures Slip as Neocloud IPO Elice Flops, SpaceX Results Loom

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