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2 years ago

Happy Easter to you and your family

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Posted On: April 20th 2025, 03:17 pm

Happy Easter to you and your family

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Opinion: Is this 'the big one' — the market crash everyone has been predicting for months or even years?⁠
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What many investors predicted would happen yesterday is happening today, writes the FT's US financial commentator Rob Armstrong. The entire AI trade is coming under fire and dragging down the rest of the market with it.⁠
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Yesterday, the hyperscalers — Alphabet, Amazon, Microsoft and Meta — had a good day. The logic was that the big players who already had significant data centre capacity owned assets that would increase in value if new data centre construction got harder. That logic collapsed this morning.⁠
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