This crash was due to investors no longer supporting ai data center capital expenses. They’re tired of hearing about hundreds of billions being dumped into the abyss. Investors are struggling to know or even care about what the finished product is.
My guess is in a few weeks meta msft amazon goog and others will have round table discussions and all agree to stop the madness cause investors are tired of it
There's a thread up "what stock is at a discount" and everybody's shilling tech stocks that are burning more cash that they make lmao
Meanwhile PM miners are valued like Gold was still 3500 and silver 35 and will post +300% YoY free cash flows during earnings this month