OVER $1 TRILLION WIPED OUT OF TECH STOCKS IN A SINGLE DAY. The US stock market is dumping hard today, with tech stocks taking the biggest hit. The Nasdaq is down roughly 3%, the S&P 500 is down 1.9%, while the Dow has lost around 1%. This means over $1 trillion in market value has disappeared from the Nasdaq 100 and other major tech stocks in just one trading session. And this is because investors are starting to question all the money these companies are throwing into AI. People are getting worried (reasonably so) that these companies are spending billions on AI infrastructure without seeing enough returns yet. The insane part is, the market is still open, so things could get even worse before the day ends. What a day it has been!