Nasdaq worst day in 19 months, investors bet on AI slowdown after Democrats win

Re:Nasdaq worst day in 19 months, investors bet on AI slowdo... by egrm on Friday November 06, 2026 @05:18AM (#50390506)

I believe the market heavily overreacted.

A drop made sense, but I think it may have been the tipping point for most holders that had survived the months of onslaught.

They wanted a reason to get out, and their portfolio dropping by 10% in a day was just that.

As we see by the premarket's resurgance, eg AMD up 7% premarket (as of now), other people may have realized the overreaction aswell.

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Re:Nasdaq worst day in 19 months, investors bet on AI slowdo... by novaRom on Friday November 06, 2026 @06:58AM (#50391323)

It never falls as direct line, it will rebound, then fall again. Most data-center related stocks continue loosing their peak value (as Nov 05 2026):

SanDisk $SNDK: -66%

Arm Holdings $ARM: -64%

Coinbase $COIN: -63%

Nebius $NBIS: -62%

Seagate $STX: -60%

Marvell Technology $MRVL: -59%

ServiceNow $NOW: -57%

Oracle $ORCL: -56%

AppLovin $APP: -54%

Circle $CRCL: -54%

Super Micro Computer $SMCI: -51%

Micron $MU: -48%

Dell $DELL: -47%

SpaceX $SPCX: -47%

Qualcomm $QCOM: -43%

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