Breakfast News: Tech Stock Sell-Off

Breakfast News: Tech Stock Sell-Off

By The Motley Fool
Yesterday's tech stock sell-off pushed the Nasdaq down over 2%, on the back of fears of AI-led overvaluation, as bearish hedge fund manager Michael Burry revealed short positions on Nvidia (NVDA +0.99%) and Palantir (PLTR 2.76%). Hidden Gems recommendation Bitcoin (BTC 1.37%) fell below $100,000 for the first time in more than four months, with appetite for risk appearing to fade.

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Negative
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general
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1 min
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Article

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Source: The Motley Fool

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