Tech stocks log worst day since 2020 as carnage comes to the AI trade
At a glance
The S&P 500 lost an estimated $2.9 trillion in market capitalization, the largest one-day loss of market value on record.
- Primary source
- MarketWatch.com - Top Stories — Read original article
- Published
- Topic
- Markets
The S&P 500 lost an estimated $2.9 trillion in market capitalization, the largest one-day loss of market value on record.
This summary comes from MarketWatch.com - Top Stories. Read the full article at the original source.
References
More in Markets
Cloudflare’s stock mounts a big comeback after fastest sales surge in nearly 4 years
Demand for automated AI protection is on the rise — and manifesting in Cloudflare’s earnings results.

Nasdaq’s slide into correction territory puts its history of recoveries in focus. Here's what history shows.
Is this ‘the big one’ for the stock market? Wall Street sounds off as tech plunges.
A punishing selloff in the tech space caused carnage in the stock market Thursday, one day after equities saw a big bounce after the Democrats swept Tuesday’s midterm elections.
Micron, Sandisk and other AI stocks are falling hard: ‘Investors don’t like uncertainty’
Wall Street is digesting the prospect of a slower AI buildout in the wake of the midterm election results.