Economy, Stocks

“AI stocks just lost $5 trillion…” [November 1, 2026]

“…The biggest AI and chip stocks have shed about $5 trillion in market value since Oct. 6, by Yahoo Finance calculations. Nvidia (NVDA) and Alphabet (GOOGL) have each given up roughly $835 billion in market cap, and Intel (INTC) lost nearly half its value in October.

Everything else? The other 625 large US stocks in that tally added about $1.3 trillion. And while the S&P 500 (^GSPC) slipped this week, 9 of its 11 sectors rose about 1% or more, something that hadn’t happened in any week since at least 1999, by Yahoo Finance calculations…”

https://finance.yahoo.com/markets/article/ai-stocks-just-lost-5-trillion–but-history-says-the-stock-markets-sweetest-stretch-starts-now-110000768.html

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