Cletus Welch

Sharing this one — worth a read.

📉 MAG 7 LOSES $1 TRILLION IN ONE DAY — Wall Street just suffered its biggest one-day wipeout on record. The Magnificent Seven — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla — lost more than $1 trillion in market value in a single session. Nvidia led the fall, down more than 9%, while the Nasdaq plunged 5.52% into correction territory and the S&P 500 fell 4.36%. Fears over AI spending and data-centre rules drove the sell-off, erasing Wednesday's post-election rally in a single day. Is the AI trade unwinding? 👇 #Mag7 #Nvidia #Nasdaq #StockMarket #WallStreet #AI #TechStocks #Finance #Investing #MarketNews #Zimbuck — Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com

🚨 CHIP STOCKS CRASH WORLDWIDE South Korea's Kospi plunged 5.3% as chip stocks led a global selloff — SK Hynix fell 9.4%, Samsung 7.6%, and Japan's Advantest sank 15%. In the US, Qualcomm dropped 9% premarket after handset chip sales fell 26% to $5.14B, putting $17.5B of market value at risk. Nasdaq futures slid as investors worry a Democratic Congress could slow the AI data-center buildout — while the Dow held up. #ChipStocks #Semiconductors #Qualcomm #Kospi #StockMarket #AINews #WallStreet #Zimbuck Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com