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Nasdaq futures fall over 1%, AI-related stocks face intensified selling

Reuters ·

ORCL Oracle Corp
$130.55 -8.83%
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  1. 1Nasdaq futures fell more than 1% on Thursday.
  2. 2TSMC reported record quarterly profits for the sixth consecutive quarter.
  3. 3On Wednesday, $80 billion in market value evaporated from CoreWeave, Oracle, and other companies.

So what's the key point?

U.S. tech indices fell by more than 1 percent. Investors are selling stocks as the value of AI-related companies decreased by $80 billion.

Source Reuters · View original ↗

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