Tag

Market Selloff

All articles tagged with #market selloff

Claude's AI Upgrades Trigger Tech Stock Selloff
business1 day ago

Claude's AI Upgrades Trigger Tech Stock Selloff

Anthropic’s Claude AI updates—including legal tools in Claude Cowork, a new Code security scan, and COBOL modernization—have helped spark a broad selloff in software and cybersecurity stocks early in 2026. The iShares Expanded Tech Software Sector ETF is down about 26% this year, with names like CrowdStrike, Okta, Zscaler and IBM among those hit as investors fear AI-enabled disruption could reshape software and related industries.

Bitcoin Dives Toward 15-Month Low as Tech Selloff Spreads to Crypto
business20 days ago

Bitcoin Dives Toward 15-Month Low as Tech Selloff Spreads to Crypto

Bitcoin slipped below $70,000, tumbling to a 15‑month low (as low as about $66,911) and dropping roughly 9–10% in 24 hours as a tech‑stock rout driven by AI concerns spilled into crypto; Ethereum and XRP also fell sharply, and the Nasdaq slid on AI fears. Analysts warn the weakness could persist, with bear‑market scenarios suggesting further declines and some investors seeking safe havens like gold amid policy uncertainty about crypto support.

Palantir Dips as AI Adoption Hurdles and Tech Selloff Pressure PLTR
business21 days ago

Palantir Dips as AI Adoption Hurdles and Tech Selloff Pressure PLTR

Palantir slid on Wednesday after a strong fourth‑quarter earnings beat and revenue growth, as market‑wide tech weakness and geopolitical tensions weighed on the stock; Q4 revenue rose 70% year over year to $1.407 billion with U.S. sales up 93%, though CEO Alex Karp warned that uneven AI adoption outside the U.S. could limit international growth. The shares traded beneath key moving averages, signaling bearish near‑term momentum amid a broad market pullback.

Global Markets Drop Amid AI Bubble Concerns and US Election Uncertainty
business3 months ago

Global Markets Drop Amid AI Bubble Concerns and US Election Uncertainty

A global selloff in semiconductor stocks has erased approximately $500 billion in market value due to concerns over high valuations and the sustainability of earnings growth amid rising interest rates, with major chipmakers and tech giants experiencing significant declines, signaling a potential correction after a rapid rally driven by AI demand.

Market Reactions to Dollar Stability, Fed Moves, and Global Tensions
world6 months ago

Market Reactions to Dollar Stability, Fed Moves, and Global Tensions

Global markets declined sharply following President Trump's threats to fire Fed governor Lisa Cook and impose steep tariffs on China, raising concerns about the dollar's role as a reserve currency and Fed independence. Despite some recovery hopes, fears of a weakened dollar and bond market instability persist, reflecting broader geopolitical and economic tensions.