Tagged: tech stocks

Nvidia and AMD Crash in $2.5 Trillion Nasdaq Rout Following Midterm Results

U.S. equity markets suffered a sharp and broad-based decline on Thursday, with the technology-heavy Nasdaq Composite officially entering correction territory after a 5.5 percent drop. That single-session plunge marked the index’s steepest one-day loss in 19 months and erased roughly $2.5 trillion in market value…. Read More

Coinbase ($COIN) and Strategy ($MSTR) Drop Sharply as Binance Hack Jolts Bitcoin and Crypto Markets

Crypto-linked equities tumbled on Friday after Binance disclosed a security breach that drained an estimated $6.3 billion in customer assets, an amount that analysts immediately ranked as the largest theft in cryptocurrency history. Shares of Coinbase (NASDAQ: COIN), Strategy (NASDAQ: MSTR),  Gemini (NASDAQ: GEMI), and Galaxy… Read More

AI, Tech Reset Beginning: deVere CEO

A global reset is unfolding across AI and tech markets as investors confront the limits of a model that has powered equity gains for two years, warns the CEO of a global financial advisory giant. The warning from Nigel Green of deVere Group follows four… Read More

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