The Magnificent Seven just lost more than $1 trillion in market value in a single day — the AI sell-off that started on Wall Street is now shaking markets worldwide.
Nvidia led the slide, dropping over 9% and losing more than $440 billion in value, turning negative for the year. The Nasdaq fell 5.52% into correction territory, its worst day since April 2025, while the S&P 500 shed a record $2.9 trillion in a single day.
The trigger: fears that a Democratic-controlled Congress will slow AI data-center construction — and the rout has already spread to Asia, with the Nikkei entering a bear market.
#Bitcoin #Crypto #Stocks #Nasdaq #Nvidia #AI #StockMarket #WallStreet #Investing #Finance
Nvidia led the slide, dropping over 9% and losing more than $440 billion in value, turning negative for the year. The Nasdaq fell 5.52% into correction territory, its worst day since April 2025, while the S&P 500 shed a record $2.9 trillion in a single day.
The trigger: fears that a Democratic-controlled Congress will slow AI data-center construction — and the rout has already spread to Asia, with the Nikkei entering a bear market.
#Bitcoin #Crypto #Stocks #Nasdaq #Nvidia #AI #StockMarket #WallStreet #Investing #Finance
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