SpaceX Shares Are Slumping After After Its Blockbuster I.P.O.

On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago.

By Joe Rennison

Bitcoin Hits Two-Week Low as Tech Selloff Sparks Risk-Off Mood - Bloomberg

Bitcoin Hits Two-Week Low as Tech Selloff Sparks Risk-Off Mood  Bloomberg

Big Tech leads sell-off in global stocks

Declines on Wall Street reverberate across global markets as SpaceX rally reverses

Global stocks plunge as tech sell-off deepens

The sell-off was driven by falls in tech heavyweights including SpaceX and Alphabet, and Nasdaq futures were down nearly 3 percent.

By Victoria Craw

US AI stock sell-off shakes markets from Wall Street to Asia

Losses spread globally as investors questioned soaring valuations and spending on AI infrastructure A tech sell-off shook global markets on Tuesday as attention turned away from developments in the US war with Iran and toward the future of AI companies and chipmakers that have driven stock markets to record highs. The tech-heavy Nasdaq index opened 2% lower on Tuesday. The Dow and S&P 500 were also down at opening. Continue reading...

By Lauren Aratani in New York

SpaceX shares drop below debut price before jumping amid $600bn sell-off

SpaceX shares dip below debut price, erasing $600bn in value before recovering 2.4 percent amid tech market turbulence.

Micron leads the big tech sell-off. What the charts show about the next big catalyst

We can gain valuable insight when we look at longer-term trends that help us rise above the inevitable near-term noise in this secular AI-driven bull market

Global shares fall as tech stocks tumble

Futures for major U.S. indexes pointed down before the opening bell on Tuesday, while global markets mostly tumbled. Japan's Nikkei lost 3.6 per cent and South Korea's KOSPI lost 10 per cent, while European markets had somewhat smaller swings.

This tech ‘fear gauge’ is nearing a two-decade high. Investors should worry.

Wall Street’s main ‘fear gauge,’ the ‘VIX’ might not be the best way to track this volatility in stocks

By Frances Yue

Wall Street Is Fixated on the Wrong Numbers: Why This Trillion-Dollar Cash Machine Is a No-Brainer Buy Right Now

US stocks slide as IT sell-off deepens, Nasdaq trims over 2%, Dow Jones falls 750 points

Global markets experienced a significant downturn Tuesday, with Wall Street indices plunging amid a deepening tech stock sell-off. Concerns over heavy AI spending and anticipated US interest rate hikes are fueling investor anxiety. Major tech giants and chipmakers saw substantial drops, mirroring weakness seen across Asian and European exchanges. Oil prices remained subdued following a US decision on Iranian oil sanctions.

By TOI BUSINESS DESK

US stock market: Why are Wall Street futures falling today? AI fears trigger global tech selloff

US stock market today: S&P 500, Nasdaq and Dow Jones move as investors track tech stocks, inflation concerns, Fed outlook and major market trends.

Kospi crashes nearly 10% on massive tech sell-offs

South Korean stocks tumbled nearly 10 percent Tuesday as foreign investors dumped major semiconductor shares and other market heavyweights amid profit-taking, tracking overnight losses in US technology stocks. The local currency weakened against the US dollar. After choppy trading, the benchmark Korea Composite Stock Price Index plunged 910.71 points, or 9.99 percent, to close at 8,203.84. The index hit an intra-day high of 9,175.45. The Korea Exchange, the bourse operator, activated a circuit b

By The Korea Herald

Sharp drops in Big Tech companies pull stocks lower on Wall Street

Global stocks fell as concerns about higher interest rates triggered a sell-off in AI and technology shares.

15 dividend stocks outpacing Wall Street as the Nasdaq and S&P 500 struggle

Wall Street heads to another day of losses, led by tech sell-off

Wall Street was on track for another day of significant losses, and again, it was the technology sector leading the way down, with anxiety growing over probable rate hikes later th...

Futures Slide As Tech Tumbles, Korea Crashes

Futures Slide As Tech Tumbles, Korea Crashes US equity futures are sharply lower as a Semis/South Korea-induced selloff has spread globally slamming tech stocks and pushing SpaceX 3% lower and below its first day of trading price of $150. Nasdaq stocks lead sentiment and early trading lower with AI cost concerns back in focus, as Bloomberg notes that traders are pointing to a South Korean media report we first highlighted at 8pm last night, saying SK Hynix is slowing expansion o...

By Tyler Durden