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Wall Street Sell-Off: Nasdaq Plunges Over 2% as AI Stocks and Tech Giants Slide Analytics Table

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Wall Street ended sharply lower on Friday as technology and artificial intelligence infrastructure stocks faced renewed market pressure, compounded by a surge in oil prices heading into the weekend. The Nasdaq logged its steepest percentage drop in nearly three months, sliding over 2%, whilst the S&P 500 fell more than 1% and the Dow Jones Industrial Average slipped by a third of a per cent. High-profile AI technology companies suffered major losses, with CoreWeave tumbling nearly 12% and Broadcom dropping four and a half per cent amid mounting anxiety over corporate debt repayment and impending interest rate burdens. Brad Conger, Chief Investment Officer at Hirtle & Co., warned that the hyperscaler landscape has grown significantly crowded and capital-intensive, eroding business quality and leaving companies vulnerable: 'So I think it is very misguided to think that they will somehow be safe as stocks or immune to any concerns about return on capital.' Market caution was further amplified by reports of Anthropic investors weighing reduced valuations ahead of its planned initial public offering, even as traders prepare for a pivotal earnings week featuring results from Tesla, Meta platforms, and Procter & Gamble. #WallStreet #StockMarket #Nasdaq #SP500 #TechStocks #AIStocks #CoreWeave #Broadcom #Anthropic #Hyperscalers #BradConger #TechSelloff #USMarkets #StockCrash #BusinessNews .............................................................................................. News9 is India's leading English News Channel. News9 LIVE YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for all the breaking news in English ! Welcome to our live stream, where we bring you the latest news and breaking headlines from India and around the world. Stay informed with real-time updates on global events, politics, business, technology, and more. Whether it's major developments, breaking stories, or in-depth analysis, we’ve got you covered. Join us as we discuss the most important events shaping the world today, and stay connected with the latest happenings from every corner of the globe! ► Watch us on YouTube : / news9live ► Like us on Facebook : / news9live ► Follow us on Instagram : / news9live ► Follow us on Twitter : / news9tweets

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