$2.5T has been wiped from US stocks
- The Nasdaq wiped out roughly $2.5 trillion in market cap on Thursday, officially pushing the index into correction territory.
- If you look at the heatmap above, though, the companies actually signing the massive AI capex checks barely moved.
- GOOGL is down 2.29%, MSFT is down 3.25%, and AMZN is down 3.55%.
Unverified
- The Nasdaq wiped out roughly $2.5 trillion in market cap on Thursday, officially pushing the index into correction territory.
- If you look at the heatmap above, though, the companies actually signing the massive AI capex checks barely moved.
- GOOGL is down 2.29%, MSFT is down 3.25%, and AMZN is down 3.55%.
Sources: Substack