Re:Nasdaq plummets 4% into correction territory
by bwfan123 on Thursday November 05, 2026 @09:55PM
(#50387595)
> It's very very far from being unwound.
The grind-down has barely started. We were waiting for a catalyst and it was unexpected. The narrative has shifted to a widespread negative ai-vibe and is hard to counter with any amount of propaganda by the pro ai-crowd. Datacenter debt will be repriced and along with that capex-cuts. These take time and have barely started. The markets have smelt that these are around the corner.
The grind-down has barely started. We were waiting for a catalyst and it was unexpected. The narrative has shifted to a widespread negative ai-vibe and is hard to counter with any amount of propaganda by the pro ai-crowd. Datacenter debt will be repriced and along with that capex-cuts. These take time and have barely started. The markets have smelt that these are around the corner.