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đ„U.S. markets slid on Tuesday as fear around overpriced AI stocks shook investors âđ. This was the fourth straight losing session, and the pressure pulled tech giants and crypto lower at the same time.
đšThe Dow lost 499 points (â1.07%), the S&P 500 dropped 0.83%, and the Nasdaq fell 1.21%. Bitcoin also took a hard hit when it slipped below $90,000 before recovering near $93,000, clearing out all its gains for 2025 â ïž.
đââïžSentiment worsened after Google CEO Sundar Pichai told the BBC that AI valuations have âelements of irrationality,â something that reminded him of the dot-com era. His warning that no major company is fully safe made traders even more nervous đ§.
đAI-linked stocks faced the most selling pressure, and investors moved toward safer picks. Rising interest rates and overstretched valuations added extra weight to the downtrend, setting the stage for more volatility ahead âĄđ.
đRisk Warning: Markets move quickly and can be unpredictable. Always research your positions and manage your risk.
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