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AI meltdown: Nvidia and Qualcomm drop more than 9%, pushing Nasdaq to worst day since April 2025
Breaking News
A post-election slide in tech stocks drives the Nasdaq 100 down 6.4%, wiping out $2.3 trillion in value. The S&P 500 drops 4.4%.
Stocks tumble
Dow closes down more than 1,800 points, wiping out gains from midterm results rally
Market jitters
Stocks plunge as midterm results fuel concerns about a slowdown in AI and data center investments.
Financial Times
Wall Street sheds $3.2tn and Nasdaq plunges 6.4% as Democratic midterm sweep triggers brutal AI rout
Stocks plummet as Democratic landslide adds to investors’ AI fears, wiping out more than $2 trillion in value
The AI rout wiped out $2.5 trillion from the Nasdaq, the worst one-day destruction of value in its history
⚡ Marco Rubio is reportedly considering leaving Trump’s administration following this week’s humiliating midterm election losses for Republicans.
AI wipeout hits Wall Street
Dow tanked 1,800 points, Nasdaq entered a correction as the AI trade unraveled
Breaking News
Nasdaq posts biggest one-day drop in 19 months and confirms it was in a correction on fears of tougher AI regulation
Breaking News
Wall Street suffers steep losses, erasing gains from Wednesday's post-election rally as AI and chip stocks sell off
Top Stories
The Saudi-backed league spent more than $5 billion to challenge the PGA Tour and lure golf's biggest stars. Now, just five years after launching, LIV Golf is shutting down.
