Fears about an AI crackdown after midterms sparks a $2 trillion rout in tech stocks

Shares sank, with the tech-heavy Nasdaq dropping over 5%, as investors reacted with fear that a Democratic Congress — and states across the country -— would crack down on AI and data centers.

Fears about an AI crackdown after midterms sparks a $2 trillion rout in tech stocks

Comments (0)

Related news

Nasdaq sell-off batters Asian chip stocks as SK Hynix, Samsung, Softbank, TSMC tumble

Costco is taking aim at its May record high — how it got here and where's it going

Jim Cramer says the AI sell-off isn't over, but it isn't another dot-com crash

Does rising inflation mean more interest rate hikes?

Why borrowers could see more interest rate pain | Andrew Bailey interview

Neocloud IREN says $4 billion in annualized revenue being delayed due to customer request

Nasdaq drops into correction territory — here’s what typically happens next

Retail traders dump the most stocks in a single day since Covid sell-off

Here's where we stand on Kimberly-Clark shares after a better-than-feared quarter

How Wall Street's postelection rally got obliterated — and what's next

How has the public reacted to interest rate hike?

Interest rate rise: What does the Bank do next?

We're dipping into our large cash pile to buy this bank on Thursday's sell-off

Shares in Musk's SpaceX plunge as tech and AI stocks fall

AI stocks plunge after election, driving down US markets

Wall Street's fear gauge surges the most since April. Why traders think it should be even higher

Nasdaq heading for worst day in 18 months as Wall Street sustains widespread losses

We're raising our price target on Cardinal Health after another stellar quarter of profits

We're booking big profits in 2 outperformers in Thursday's terrible market

Qualcomm slides 9% after earnings, leading postelection chip stock sell-off

Jim Cramer's top 10 things to watch in the stock market Thursday

Faisal Islam: How high will interest rates go?

The rate rise is the first increase in more than three years. #InterestRates #Money #BBCNews

Bank of England hikes interest rate for the first time since Iran war, warns inflation will near 5%