AI BUBBLE BURSTING?! Nvidia PLUNGES 3% as Tech STOCKS CRASH! What’s Next?
Is the AI boom already facing a dramatic downturn? Despite initial market hopes, major tech stocks like Nvidia plunged over 3% after SoftBank Group unexpectedly sold its entire stake, fueling worries about the AI spending spree's payoff. This AI angst, coupled with CoreWeave cutting its revenue forecast due to data center delays, significantly overshadowed optimism for an end to the 41-day US government shutdown. Meanwhile, concerns over a slowing labor market and renewed US-China rare-earth trade tensions added further pressure, painting a complex picture for investors. For more urgent market insights, make sure to subscribe to our channel.
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