US technology stocks suffered another sharp selloff on November 5, sending the Nasdaq Composite down approximately 3% as investors continued questioning the enormous cost of artificial intelligence infrastructure. The latest decline follows an October 30 rout that erased more than $1 trillion from technology…
The unraveling of the AI trade after the US midterm elections is forcing investors to rethink their Asia playbook, reviving demand for out-of-favor Chinese and Indian stocks as well as companies poised to benefit from easing inflation and trade tensions.
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Odaily Planet Daily report: U.S. stocks suffered a violent plunge yesterday, with the Nasdaq 100 Index recording its largest single-day drop since the 2020 pandemic, and the S&P 500 Index losing $3 trillion in market value today. Several analysts have stated that one reason…
Nov 5 (Reuters) - Tech-led Nasdaq notched its deepest one-day drop since ‘Liberation Day' in April 2025, wiping out trillions in market value on fears of more AI scrutiny, particularly on data center construction, after Democrats won big in US midterm elections. The…
In what some experts are now calling as the AI bubble bursting, the tech-laden Nasdaq-100 plummeted 6.4 per cent on November 5, its worst single-day returns since a 12.2-per cent fall during the early days of Covid in March 2020. Its market-cap decline…
In what some experts are now calling as the AI bubble bursting, the tech-laden Nasdaq-100 plummeted 6.4 per cent on November 5, its worst single-day returns since a 12.2-per cent fall during the early days of Covid in March 2020. Its market-cap decline…
Elon Musk sees a dystopian future for data centers as Democrats head to Washington D.C. in January. While AI wasn't the only issue on voters' minds in November, data centers certainly contributed to the Democratic Party's sweeping victory. An October poll…
NVIDIA has locked in billions in chip and memory commitments, but some of the buildings meant to house them exist only on paper. A new warning shifts the AI debate from demand to delivery, and the market is already picking…
Wall Street sees biggest market cap drops ever after midterm bloodbath for GOP. It’s to laugh, it’s to cry. President Donald Trump blamed the current stock market volatility on voters electing Democrats in the 2026 midterm elections. “The Stock Market crashed…
How AI moves the whole market: megacap tech, the Magnificent Seven, index concentration, sell-offs and rotations in and out of AI shares.
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