What sparked Wall Street’s crazy sell-off?
A stunning $2.5 trillion was wiped off the value of the tech-heavy Nasdaq on Thursday as investors rushed to dump tech stocks, rattled by fears that Democrats’ midterm victories could slow the AI buildout. But another force made the sell-off more brutal: Investors who had borrowed heavily to bet on the boom were under pressure to sell.A stunning $2.5 trillion was wiped off the value of the tech-heavy Nasdaq on […]
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