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Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out | Fortune
"The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot."
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edition.cnn.com
Nasdaq sinks 4% and has worst day in a year on AI weakness, rising odds for Fed rate hike | CNN Business
Investors sold stocks, bonds, bitcoin and gold Friday after strong jobs data raised odds for Federal Reserve interest rate hikes, and Wall Street wrestled with weakness in AI…
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economictimes.indiatimes.com
US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fears
Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. The Nasdaq plunged over 4%, ending a…
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irishtimes.com
Big fall in US tech shares as AI stock are hit
Fears of an interest rate increase has unsettled investors
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dawn.com
Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
All three major US stock indexes closed sharply lower, with plunging chip stocks dragging the tech-laden Nasdaq down by its largest one-day percentage loss since last year.
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fortune.com
Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out | Fortune
"The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot."
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Markets have worst day since October as tech stocks lead the way down, traders lose hope of rate cut | Fortune
Nvidia fell 6.2%, Broadcom dropped 7.9% and Micron Technology slid 13.3% for the biggest loss among stocks in the S&P 500.
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thehindubusinessline.com
AI chip stocks lose $1.3 trillion as Nvidia, AMD and Micron lead semiconductor selloff
AI chip stocks lost $1.3 trillion in value as Nvidia, AMD and Micron plunged amid Broadcom concerns and fading hopes of US rate cuts.
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timesofindia.indiatimes.com
$1.3 trillion wiped off Wall Street as AI rally slows; Nvidia slips 6%, Micron falls 13%
US tech stocks came under heavy pressure on Friday, with semiconductor giants leading the decline as investors grew cautious about artificial intelligence-fuelled valuations and…
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rnz.co.nz
Nasdaq, S&P 500 suffer worst day of year, as AI stocks tumble, Fed rate-hike odds rise
The S&P 500 fell 2.64 percent, while the tech-heavy Nasdaq Composite fell 4.18 percent, as AI-related stocks pulled back, after surging in recent weeks
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cryptobriefing.com
NASDAQ sinks 4% as AI stocks tumble on rate-hike fears
The Nasdaq dropped nearly 4% as AI stocks including Nvidia, Broadcom, and Micron tumbled on rate-hike fears, dragging Bitcoin below $60,000.
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Tech stocks dive as Fed bets rattle AI rally
Asian markets are experiencing a significant downturn. High-flying semiconductor stocks are bearing the brunt of the selloff. This follows a sharp fall in U.S. markets after…