LOS ANGELES (AP) — After spending time during training camp trying to manage Myles Garrett's knee injury, it was the Los Angeles Rams' dismal season-opening loss to the San Francisco 49ers that made it evident to everyone that the star defensive end needed surgery.
Garrett did not record a tackle or sack while playing 61.5% of the defensive snaps in the Rams' 27-7 defeat in Melbourne, Australia. Coach Sean McVay said Monday that conversations with Garrett immediately after the game last Thursday made it clear a different approach would be needed, leading to the decision that Garrett needed to be operated on.
“We had been aware of this, thought it was something he would be able to work through,” McVay said. “Obviously, being out there and playing in a real game, you learn like, ‘Hey, maybe that’s not the case. So let's change course with that.'”
McVay did not have an updated timeline for Garrett's recovery beyond the four-game minimum that comes with being placed on injured reserve, pending the results of the procedure.
Garrett missed much of training camp because of what had been described as swelling in his knee, but McVay has not elaborated on the exact nature of the injury. The Rams acquired the reigning AP Defensive Player of the Year from the Cleveland Browns in a blockbuster trade for pass rusher Jared Verse and three draft picks in June knowing that Garrett's workload had been carefully managed in recent seasons. That was acceptable to McVay, who has frequently limited practice time for veteran players to maximize their game-day performance.
“The reality is our job is to put our players and our team in positions to have successful outcomes. Thought we would take an approach where he'd be feeling good enough to go contribute positive change and be the player that he's capable of. That wasn't the case, and so the next right thing for us is to be able to get this thing fixed,” McVay said.
Garrett provided no indication he was physically compromised prior to the game, terming himself as “ready” last Tuesday. “I think I can go out there and do what I know I can do," he said.
During that news conference, Garrett embraced the high expectations that came with him joining the Rams, stating his goals for this season were to win the Super Bowl and repeat as AP Defensive Player of the Year.
It was the addition of Garrett that accelerated the idea of the Rams as a super team, in part because his presence helped lure standout defensive tackle Aaron Donald out of retirement last month.
McVay said Garrett's absence would not have any impact on when Donald will return to the field.
Donald, a three-time AP Defensive Player of the year, did not travel with the team to Australia as he works his way back into playing shape following two seasons out of football. McVay said it was too early to know if Donald would play in the Rams' home opener against the New York Giants next Monday.
“He's going to continue to work his process, and we'll see what that looks like,” McVay said.
See AP’s full NFL coverage here
Los Angeles Rams outside linebacker Myles Garrett, centre, works out during a practice session for an NFL football game against the San Francisco 49ers., in Melbourne, Australia, Thursday, Sept. 10, 2026.(AP Photo/Asanka Brendon Ratnayake)
NEW YORK (AP) — Artificial-intelligence stocks are sliding worldwide Monday after leaders of the industry warned a slowdown is needed for the safety of humanity. Another jump in oil prices, meanwhile, briefly sent the bond market to its latest pressure-raising milestone as the yield on the 10-year Treasury touched 5% for the first time since 2023.
Despite all the downers for Wall Street, gains for many stocks outside AI helped limit the market's losses. So did a midday tempering of oil prices, and the S&P 500 fell a relatively modest 0.3% as more stocks rose within the index than fell.
The Dow Jones Industrial Average was down 116 points, or 0.2%, as of 2:02 p.m. Eastern time, and the Nasdaq composite was 0.1% lower after clawing back most of an early loss of 1.3%.
AI stocks have been under pressure a while because of worries their prices shot too high in the frenzy around the technology. The concerns jumped to another level over the weekend after one of the industry’s leading voices, Anthropic CEO Dario Amodei, called for a deliberate and global slowdown in the development of AI.
He cited safety issues, including the risk that AI becomes capable of leading a swarm of agents that could take over the entire internet within six to 12 months.
Nvidia, whose profits have soared because its chips are helping to train AI models, sank 2.8% and was the heaviest weight on the market because of its massive size.
SpaceX, which gets a chunk of its business from AI, rose 0.4% after Elon Musk said over the weekend that he agrees with Amodei. Softbank Group, the Japanese giant that is a major investor of OpenAI, lost 10.7% in Tokyo after OpenAI’s Sam Altman likewise supported the concept of a slowdown.
Altman also said in an interview with Fortune published Saturday that OpenAI would likely wait until next year for a sale of its stock on Wall Street, potentially delaying a gusher of cash for Softbank and other early investors in OpenAI.
In South Korea, the Kospi index dropped 3.3% due to losses for its two most influential stocks, Samsung Electronics and SK Hynix.
President Donald Trump played down the need for his administration to check the development of AI, saying he worried about ceding his country's edge over China in a global competition and that winning would help address the risks from the advancing technology.
Even with so many voices inside and outside the AI industry calling for a slowdown to protect humanity, Trump said on his social media network Monday that the only guardrail it needs “is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!”
Helping to limit Wall Street's losses on Monday were several software companies that tumbled earlier on worries AI-powered competitors would undercut their businesses.
Intuit, the company behind TurboTax and QuickBooks, rose 5%. Autodesk, whose software helps designers, climbed 8%, and Adobe added 4.7%.
Oil prices, meanwhile, continued to climb as fighting in the Middle East keeps squeezing the global flow of oil. The price for a barrel of Brent crude rose 1.1% to $105.76 after getting near $110 in the morning.
An important Saudi oil pipeline will mostly be out of service for weeks following an attack last week, two regional officials told The Associated Press. The pipeline offered a way for Saudi Arabia to shift exports to the Red Sea and avoid the Persian Gulf’s Strait of Hormuz, where Iranian attacks have stifled the movement of oil tankers.
Brent has jumped from less than $72 in early July as doubts rise that the United States and Iran can come to an agreement that would allow oil tankers to freely exit the Persian Gulf through the strait again.
While the prospect of a de-escalation of war in Iran may have dimmed, ING commodities strategists Warren Patterson and Ewa Manthey wrote in a commentary on Monday that the situation is still fluid and “sizable” volumes of oil have still been moving through the strait.
So far, the jump in oil prices has sent the average cost of a gallon of regular gasoline across the country to nearly $4.32 from $4.08 a month ago and $3.18 a year ago, according to AAA.
Such upward pressure on inflation has much of Wall Street expecting the Federal Reserve will hike its main interest rate on Wednesday at the end of its next meeting.
That’s the traditional way the Fed tries to rein in high inflation. Such a move then filters out through the rest of the bond market, slows the overall economy and undercuts prices for investments. That hopefully would remove some of inflation’s fuel, though Trump has been lobbying for lower interest rates instead of higher.
Besides high inflation, worries about rising debt for the U.S. and other governments and other concerns have sent longer-term Treasury yields to their highest levels in years.
The yield on the 10-year Treasury breached the 5.00% level during the morning for the first time in nearly three years. That's up from 4.96% late Friday and just 3.97% before the war with Iran began in February.
But the 10-year yield later pulled back to 4.96% as oil prices came off their highs for the day.
The 10-year yield has not consistently remained above 5% since the turn of the millennium, and its jump has already made it more expensive for U.S. households and companies to borrow. That includes the highest average long-term mortgage rate in more than 14 months.
AP Business Writers Chan Ho-him and Michelle Chapman contributed to this report.
FILE - A general view shows the New York Stock Exchange, Friday, Aug. 7, 2026, in New York. (AP Photo/Yuki Iwamura, File)
A monitor shows the Nikkei 225 stock index in Tokyo Monday, Sept. 14, 2026. (Miyuki Saito/Kyodo News via AP)
