GLOBAL ALERT | WALL STREET PLUMMETS AND NASDAQ ENTERS CORRECTION TERRITORY
EXTREMELY HIGH IMPACT NINJAS FOR: Stocks, AI, semiconductors, BTC and ETH
U.S. stock selling accelerated sharply this Thursday.
At the time of the update, the reported moves were:
Nasdaq: -5.2%
S&P 500: -3.4%
Dow Jones: -2.2%
Philadelphia Semiconductor Index: -11%
The Nasdaq entered correction territory, defined as a decline of at least 10% from its recent high. These percentages are intraday figures, not final closing values.
The S&P 500 is approaching its 200-day moving average (200-DMA). Technical area to watch: 7,300–7,320 points.
WATCHPOINT: ARTIFICIAL INTELLIGENCE VS. INVESTMENT PRESSURE
Key factors behind the market deterioration:
1. AI investments: Investors are questioning the financial returns on billions of dollars in spending on infrastructure and data centers.
2. Semiconductors: Qualcomm reported disappointing results in its smartphone chip division. Its shares fell by approximately 11% at one point.
3. U.S. elections: The results of the midterm elections heightened concerns about possible restrictions on the construction of new data centers.
According to Reuters, UBS analysts estimate that potential project shutdowns could put approximately 30% of the planned additions to U.S. data center capacity in 2028 at risk. This estimate represents a risk scenario.
INSTITUTIONAL FLOWS + DELEVERAGING
Hedge funds continued to aggressively sell positions linked to artificial intelligence. Exposure to semiconductor companies, cloud computing and technology infrastructure was reduced.
#ThaiTraderOficial
#Binance98PercentReplenished
#ADPUSPrivateEmployersAdd86000JobsInOctober
EXTREMELY HIGH IMPACT NINJAS FOR: Stocks, AI, semiconductors, BTC and ETH
U.S. stock selling accelerated sharply this Thursday.
At the time of the update, the reported moves were:
Nasdaq: -5.2%
S&P 500: -3.4%
Dow Jones: -2.2%
Philadelphia Semiconductor Index: -11%
The Nasdaq entered correction territory, defined as a decline of at least 10% from its recent high. These percentages are intraday figures, not final closing values.
The S&P 500 is approaching its 200-day moving average (200-DMA). Technical area to watch: 7,300–7,320 points.
WATCHPOINT: ARTIFICIAL INTELLIGENCE VS. INVESTMENT PRESSURE
Key factors behind the market deterioration:
1. AI investments: Investors are questioning the financial returns on billions of dollars in spending on infrastructure and data centers.
2. Semiconductors: Qualcomm reported disappointing results in its smartphone chip division. Its shares fell by approximately 11% at one point.
3. U.S. elections: The results of the midterm elections heightened concerns about possible restrictions on the construction of new data centers.
According to Reuters, UBS analysts estimate that potential project shutdowns could put approximately 30% of the planned additions to U.S. data center capacity in 2028 at risk. This estimate represents a risk scenario.
INSTITUTIONAL FLOWS + DELEVERAGING
Hedge funds continued to aggressively sell positions linked to artificial intelligence. Exposure to semiconductor companies, cloud computing and technology infrastructure was reduced.
#ThaiTraderOficial
#Binance98PercentReplenished
#ADPUSPrivateEmployersAdd86000JobsInOctober