FinanceAxios Techabout 2 hours ago
Nasdaq Tech Stocks Plunge Over 5%
1 min read
Tech stocks plunged Thursday, with the Nasdaq Composite index down over 5% in late morning trading. AI-related shares led the sell-off, posting double digit losses. Neoclouds like CoreWeave, TeraWulf, IREN and Hut 8 suffered heavy hits, while Cipher Digital dropped roughly 19% shortly before 11 a.m. ET.
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