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return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 1 day ago

Tech stocks set to wipe out more than $1 trillion as concerns deepen about the AI boom

www.nbcnews.com

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Tech stocks set to wipe out more than $1 trillion as concerns deepen about the AI boom

www.nbcnews.com

return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 1 day ago
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Tech stocks wipe out $1 trillion in value as concerns deepen about the AI boom
www.nbcnews.com
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The broader S&P 500 lost 1.8%, while the Nasdaq 100 had its worst day since June.
  • return2ozma@lemmy.worldOP
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    1 day ago

    • TropicalDingdong@lemmy.world
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      1 day ago

      Whoa its updated and high res.

    • 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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      1 day ago

      Think it might bounce back one more time?

      • Peppr@sh.itjust.works
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        21 hours ago

        Absolutely will, lot of financial institutions still need to finish offloading their shit on the rubes and they need another big IPO for that. All bets are off after that though

        • 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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          17 hours ago

          Ah, yes, that’s the time of all the ads telling you to invest and buy stocks, so the small investor is holding the bag.

      • Steve@startrek.website
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        1 day ago

        Crashes usually include a few sharp rallys

        • BooBees@fedinsfw.app
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          21 hours ago

          Knife juggling

          • nilloc@discuss.tchncs.de
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            10 hours ago

            The trick is stopping before you lose a finger, hand or arm.

          • aesthelete@lemmy.world
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            21 hours ago

            Dead cat bounce

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