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● LIVE Updated 1d ago · 13 sources tracked

Micron, Sandisk, SpaceX, Tesla, Carnival, and More Stocks That Explain Today’s Market

The Nasdaq fell more than 2% during opening trading as a global tech sell-off deepened. Memory stocks including Micron and SanDisk tumbled amid fears over rate hikes and AI infrastructure spending. Market volatility is linked to cooling AI trades and concerns over corporate valuations.

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What changed

Recent reports highlight a deepening global tech sell-off and potential delays to the OpenAI IPO.

Live updates

  1. Tech Stocks Plunge as AI Spending Concerns Trigger Sell-off

    The Nasdaq fell more than 2% during opening trading as a global tech sell-off deepened. Memory stocks including Micron and SanDisk tumbled amid fears over rate hikes and AI infrastructure spending. Market volatility is linked to cooling AI trades and concerns over corporate valuations.

    What's confirmed:

    • The Nasdaq tumbled more than 2% in opening trading.
    • Micron and SanDisk shares declined.
    • Nvidia and AMD were among the stocks leading the tech sell-off.
    • Concerns over AI spending and valuations contributed to the tech retreat.

    Still unconfirmed:

    • Micron and SMCI surged on AI expansions.
    confidence 85%