NEW YORK (AP) — Another wipeout for stocks tied to the buildout of AI data centers is overwhelming Wall Street on Thursday and more than erasing all its gains from the day before, which was its best in three months.
The S&P 500 fell 3.5% after opening with a loss that accelerated through the morning. It’s on track for its worst drop since President Donald Trump shook markets worldwide in April 2025 after announcing his “Liberation Day” tariffs.
Good! Fuck AI!
3% is not a tumble, it’s basically nothing.
It’s not nothing, but it is historically small potatoes. In 1987 the s&p500 dropped over 20% in a day.
There is more to come.
i saw a guy blowing his nose on a 5090 and throw it in the garbage at the bus stop
Selling the semiconductor ETF I had for the last 6 years just before the election has shown to be a very good idea.
The trump bots are overactive in the comments
Edit: just so we’re clear I’m talking about apnews, not here
How are they gonnaslow down when they have hardware orders for years to come?
Because their extremely dangerous and 100% independent, unprompted, rouge Sam Hypeman model needs more RAM. Duuh…
*rogue
I know what I said.
Dip the buy!
Doesn’t really seem like a big drop.
Companies pouring money into AI are the ones to look at. Example:
They’re still doing doing great if you zoom out further, but it’s a potential start.
Sorry, just put excess savings in an all world yesterday so it had to happen. Rules are rules.
stocks tied to the buildout of AI data centers
Slowing down data center construction might be bad for the companies making hardware for them, but it’s probably good for the AI companies that are throwing money into data centers with no real plan for making their money back.
You make most of your money during a bear market, it just takes time to realize it.
As soon as you see the billionaires cashing out of the casino … it’s already too late
I know broad market is down, but it makes me happy my portfolio was basically unaffected.
I was asked by my bank to invest in a data centre “infrastructure fund” and said no.
Why would I invest in hardware at all time high prices?
There goes my tax money :(
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