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- Stock Market Meltdown: $750 Billion VANISHES in a Day
Stock Market Meltdown: $750 Billion VANISHES in a Day
Stock Market Meltdown: $750 Billion VANISHES in a Day
It’s official—the stock market just had its worst day in years. Over $750 billion disappeared from the biggest tech companies, making it the worst drop in the Nasdaq since 2022.
Here's the damage:
NASDAQ: -727 points (-4%)
Dow Jones: -900 points (-2%)
S&P 500: -155 points (-3%)
But the biggest hits came from the tech giants:
Tesla: Down 15%, losing $130 billion in one day.
Nvidia: Wiped out $140 billion in market value.
Apple: Lost $174 billion in market cap, down nearly 5%.
Microsoft, Alphabet, Meta, Amazon: All took hits between 2-5%.
So what’s going on?
Over the weekend, Trump threw a wrench in things by not ruling out a recession, calling the U.S. in a “period of transition.” And now Wall Street is freaking out.
JP Morgan Chase: Raised recession risk to 40%.
Goldman Sachs: Increased its forecast to 20%.
Morgan Stanley: Predicting a 5% drop in the market.
It’s not just tech stocks—AI and semiconductors are getting crushed too, with major players like Marvell, ASML, Micron, and Broadcom all seeing drops of 5-8%.
And just when you thought it couldn’t get worse, new tariffs on tech companies are adding even more uncertainty.
To top it off, the President has been totally ignoring the market. Remember when he used the stock market's success to tout his accomplishments? Now, it’s a whole different story.
So, is this just a temporary panic, or are we heading for a full-blown market crash?
Let me know what you think in the comments, and follow for real-time market updates.