Everything is crashing hard today 😳
US stocks getting crushed - $2 trillion gone. S&P 500 down 2.6%.
Crypto not safe either. Bitcoin slid under $60k. $130 billion wiped out.
Gold is getting smoked too - down 4%.
Nasdaq-100 dropped 4.8%, Nasdaq down 4.2%.
Semicond
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AI development is crazy expensive right now 💸 Anthropic co-founder Daniela Amodei says that's why companies like hers are turning to public markets for cash. (via Bloomberg)
@philip11yl44 Honestly a little bit of red is probably overdue. The panic over one down day says more about how stretched things were than anything else.
First S&P red close in 10 days and it was wild chaos. Imagine if we stay red for a bit 😆
Annoying but kinda felt healthy actually.
Earnings growth is solid, but some valuations just don’t add up—probably why $CRWD dropped 10%. Oil at $95 didn’t help either.
Every dip