Tech selloff sees Asia stocks slide
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Korea Composite Stock Price, Information Technology Sector
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As the AI trade encounters a speed bump, experts advise investors not to panic and to instead focus on fundamentals.
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Tuesday’s slump highlights how much a handful of megacap tech companies have helped swing markets. The S&P 500 is up 1.7% over the past 10 days, while the Roundhill Magnificent Seven ETF, which tracks Alphabet,
In premarket trading, shares in AMD and Super Micro Computer fell 4.3% and 9%, respectively, while Big Tech shares showed more stability, with Meta up 0.2% and Nvidia down 0.7%
The first 10 months of 2025 have been rather quiet when it comes to stock splits, but we're starting to see more activity. In fact, so far in the third-quarter earnings season, we've seen two major stock split announcements from major tech companies.
The teenager told BI he had a "good feeling" about investing in tech companies in 2024. "I caught the AI wave at the perfect time," he said.