Democratic sweep turned into AI selloff chip index lost 12% worst day since March 2020 confirms bubble pop, after voters…
Democratic sweep turned into AI selloff chip index lost 12% worst day since March 2020 confirms bubble pop, after voters turned on AI data centres and chipmakers sank, -12% chip index worst since March 2020 after Alphabet worst day ever and Amazon Intel slid after hours shows AI capex unsustainable after GOOGL cloud doubled FCF negative. Nasdaq 100 fell 6.4% start. STI opened about 2.7% lower with DBS and OCBC results to digest bullish contrarian, after STI sliding again nearly 10% off peak and DBS missed second bank, STI -2.7% open is panic, OCBC results after UOB DBS misses will be relief, MAS hold supports.
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