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US tech megacaps slide as SpaceX extends slump, AI expense concerns grow
June 22 : Shares of U.S. technology megacaps tumbled on Monday as SpaceX fell for the third straight session and hyperscalers Alphabet and Amazon looked set to lose billions of dollars in market value, driven by AI spending concerns.SpaceX slid over 10 per cent after last week's blistering post-IPO rally. The
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huffpost.com
SpaceX Shares Start Falling To Earth After Eye-Popping IPO
Follow the latest news on the major headlines of the day.
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channelnewsasia.com
US tech megacaps slide as SpaceX extends slump, AI expense concerns grow
June 22 : Shares of U.S. technology megacaps tumbled on Monday as SpaceX fell for the third straight session and hyperscalers Alphabet and Amazon looked set to lose billions of…
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theage.com.au
ASX set to rise, SpaceX slumps on Wall Street; Oil prices fall
US stocks drifted through a mixed day of trading after resuming following a three-day weekend, with SpaceX falling again.
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nbcnews.com
SpaceX stock tumbles 23% from its high, as average investors see gains wiped out
Just 10 days after the company’s blockbuster IPO, buyers of its initial public shares are in the red.
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straitstimes.com
SpaceX shares fall for third day, erases $776 billion in market value
SpaceX shares have fallen for three consecutive days, erasing significant market value amid plans for a massive borrowing spree to fund AI ambitions. Read more at…
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SpaceX shares fall, market value erodes
SpaceX shares have fallen for three consecutive days, erasing significant market value amid plans for a massive borrowing spree to fund AI ambitions. Read more at…
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economictimes.indiatimes.com
SpaceX falls for third day, erases $600 billion in market value
SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade…
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US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloff
Wall Streets AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate sufficient returns. While hyperscalers such as…
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irishtimes.com
SpaceX stock declines for third day
Stock sheds hundreds of billions of dollars in market value
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cnbc.com
SpaceX drops more than 3% following $400 billion selloff
Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.
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Nasdaq futures drop 2% as AI cost fears, Fed outlook weigh; SpaceX slips 5%
Wall Street futures plunged Tuesday, led by tech and chip stocks, as investors braced for potential U.S. interest rate hikes and fretted over soaring AI-related spending financed…
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SpaceX extends losses after $600 billion wipeout, tech stocks slide again
June 23 : Shares of Elon Musk's SpaceX slipped further on Tuesday following a three-session selloff that wiped out more than $600 billion from the company's market value, with the…
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Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
June 23 : The Nasdaq 100 index was on pace to erase more than $1 trillion in market value on Tuesday as technology heavyweights and chip stocks tumbled, while Elon Musk's SpaceX…
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Global tech sell-off intensifies, led by SpaceX slide
SpaceX shares were set for a fourth day of losses Tuesday, wiping out more than $900 billion in value from its peak.
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cbsnews.com
Tech stocks tumble for a second day. Here's what is behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
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SpaceX shares extend slide with another 3% fall; over $600 billion in market value wiped out in 3 sessions
SpaceX shares fell another 3%, extending a three-day selloff that has wiped out over $600 billion in market value and pushed the stock below its listing price. Concerns over…
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businessday.co.za
SpaceX falls below listing price as tech selloff deepens
Technology sector under pressure on concerns of capital needed to fund AI investments
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US Stocks Today | Chip stocks plunge, but bargain-hunters stem losses in other tech names
US chip stocks experienced a significant tumble, impacting the broader market and wiping out billions in value. While tech giants like Nvidia and Tesla saw declines, bargain…
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mashable.com
SpaceX stock drops Tuesday as tech stocks plunge: What could happen next.
Are investors starting to rethink their AI investments?
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smh.com.au
ASX set for gains, tech giants weigh on Wall Street; SpaceX swings higher
Stocks fell on Wall Street as a sell-off in big technology companies spread from Asia back to the US over worries about potentially higher interest rates by the end of the year.