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✿.🔺𝕞𝕣_𝕟𝕚𝕤𝕙𝕒𝕟𝕥𝕙_𝕥𝕥𝕡🔻. ✿

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2 months ago

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Photo by ✿.🔺𝕞𝕣_𝕟𝕚𝕤𝕙𝕒𝕟𝕥𝕙_𝕥𝕥𝕡🔻. ✿ on September 01, 2026. May be a selfie of one or more people, people smiling, outdoors and text.

Photo by ✿.🔺𝕞𝕣_𝕟𝕚𝕤𝕙𝕒𝕟𝕥𝕙_𝕥𝕥𝕡🔻. ✿ on September 01, 2026. May be an image of one or more people, people smiling, picnic and text.

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Posted On: September 1st 2026, 11:17 am

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AI stocks faced a massive selloff in October 2026, with an estimated $3.46 trillion in market value erased as investors questioned rising AI spending and future profits 📉💸

Intel led the reported declines with a 43.4% drop, followed by CoreWeave at 37.7%, Nebius at 36.7%, and SanDisk at 33.4%. Major tech companies also suffered, including Google, AMD, Meta, and Nvidia, as concerns grew over expensive data centers, AI chips, and slowing returns on investment.

Tech giants are still committing hundreds of billions of dollars to AI infrastructure, but Wall Street wants stronger proof of profitability. The selloff highlights growing uncertainty over whether AI investments can justify their enormous valuations.

Sources: Bull Theory, Dealroom, Reuters, Cboe

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Robert Downey Jr. and Pedro Pascal switched roles for Halloween, with RDJ dressing up as Reed Richards and Pascal transforming into Doctor Doom. 😂

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