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Big Tech leads global stocks sell-off as Nasdaq posts worst day since October 2025

Nasdaq drops 4.2% as Big Tech giants shed $1.1 trillion in market value. Bitcoin falls below $60K amid AI valuation concerns and rising rate expectations.

Raccontata daeconomictimes.indiatimes.comcryptobriefing.com

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2 prospettive sulla stessa storia
AI · summaries
cryptobriefing.comStai leggendo5 h fa

Big Tech leads global stocks sell-off as Nasdaq posts worst day since October 2025

Nasdaq drops 4.2% as Big Tech giants shed $1.1 trillion in market value. Bitcoin falls below $60K amid AI valuation concerns and rising rate expectations.

originale
economictimes.indiatimes.com8 h fa

US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloff

Alphabet (-6%), Amazon (-4.8%), Meta lost hundreds of billions as investors doubt whether AI capex will justify the spending. Market diverges: hyperscalers writing checks decline; suppliers receiving them (Micron +5.8%) thrive, revealing concerns about near-term AI monetization.

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Timeline cronologica

  1. martedì 23 giugno 2026·economictimes.indiatimes.com

    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…

  2. martedì 23 giugno 2026·cryptobriefing.com

    Big Tech leads global stocks sell-off as Nasdaq posts worst day since October 2025

    Nasdaq drops 4.2% as Big Tech giants shed $1.1 trillion in market value. Bitcoin falls below $60K amid AI valuation concerns and rising rate expectations.

  3. martedì 23 giugno 2026·cryptobriefing.com

    Tech losses mount as investors reassess AI risks, dragging crypto markets down with them

    The Nasdaq posted its worst day since April 2025 as investors question $650 billion in AI spending plans, dragging Bitcoin below $67K in a broad risk-off