r/stockmarket
Chips sector bloodbath drags Nasdaq down 4.2%
Semiconductor sector crash triggers a 4.2% drop in Nasdaq, signaling broad market weakness.
- Significant decline in the semiconductor sector indicates weakening demand or overvaluation.
- A 4.2% drop in Nasdaq suggests broader negative sentiment and potential systemic risk.
Rotation to free up cash for ipos has begun?
You really think everyone is dying to own SpaceX? They’re only selling $75B worth of shares at IPO. The portion of this that would require newly freed up capital isn’t enough to move the market this significantly.
also Anthropic and eventually OpenAI. But I guess no one knows when those are happening.
Yeah no one is just pulling their money out and sitting in cash to wait for those IPOs.
Yes, there are a lot of people willing to throw everything they have at SpaceX. They really believe Elon Musk will colonize mars and their investment in SpaceX will provide generational wealth. They expect their money to 10x in a short time.
The dumb people you're speaking of probably have $1,600 portfolios and will have minimal impact on the market.
That'd be a real dick move by elon
Paywall
Still up 13% over 6 months
Honestly, anyone who did not see this correction coming was just completely blinding themselves to the reality of the macro data. You cannot have the tech sector driving a solid 80 to 90 percent of the index gains on pure AI hype while the rest of the economy is actively feeling the squeeze of higher interest rates. The jobs data was just the pin that popped the balloon. The minute people realize that these multi-billion dollar infrastructure investments are going to take years to actually show a return on a corporate balance sheet, the fast money is going to sprint for the exits. I would guess we are going to see a lot more of these volatile swings over the next month or two before things actually find a real bottom.
If you ask bulls it was just a minor dip and the market is staying the course. Ofc every macro indicator is being shrugged off.
Just a healthy pullback saying the valuations are too high, although the story is intact
5-6% pullback is healthy after a parabolic run. Gets valuations back at more reasonable multiples.
4.2% is a “bloodbath”? Don’t open articles with clickbait titles. It’s bullshit and they know it, they just don’t care, clicks equals money for them.
Whatever , stocks like dell , Asml , Amzn still gonna rise