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OVER $1 TRILLION WIPED OUT OF TECH STOCKS IN A SINGLE DAY.
The US stock market is dumping hard today, with tech stocks taking the biggest hit.
The Nasdaq is down roughly 3%, the S&P 500 is down 1.9%, while the Dow has lost around 1%.
This means over $1 trillion in market value has disappeared from the Nasdaq 100 and other major tech stocks in just one trading session.
And this is because investors are starting to question all the money these companies are throwing into AI.
People are getting worried (reasonably so) that these companies are spending billions on AI infrastructure without seeing
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NAS100-2.31%
US500-1.24%
Polymarket's own accuracy numbers:
1 month out: 90.4%
1 week out: 94.2%
1 day out: 96.6%
4 hours out: 98.7%
People with money on the line get it right 9 times out of 10, a month early.
Polls or the people betting?
Trenches
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DESSA
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Manchester City vs. Brighton | Premier League Preview: Tonight at 23:00 Beijing time at the Etihad Stadium, Premier League Matchday 9. First place takes on third in an attacking showdown. Manchester City have 21 points and are level with Arsenal at the top (according to the fixture-pack data). They lost 1-2 away to Villa last round, ending their seven-game winning streak to start the season. According to team sources, Semenyo will be sidelined long-term with a knee injury, while Nunes could return after taking a knock. Before the match, Maresca gave Haaland, Anderson, Donnarumma, Dias and Gvar
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When gold falls, many people say the bull market is over. But gold has fallen more than 20% six times in history. After looking at these cases, you’ll have a better idea.
1. 1974-1976, down 43%: Real interest rates turned positive, and the dollar was strong. After gold bottomed, a super bull market followed, with a 540% gain over two and a half years.
2. 1980-1982, down 52%: Volcker raised interest rates to 20%. After that, gold traded sideways at low levels for nearly 20 years—the only time the bull market truly ended.
3. 1983-1985, down 42%: Economic recovery and a strong dollar. Gold contin
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GLDX-0.40%
PAXG+0.37%
[ MARKET UPDATE ]
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LIVE1,877
Swap Festival II: 50% Fee Rebate & New User Airdrop, Up to 220 USDT per User
https://www.gate.com/share/act/0628fa02
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You can start envying Bitou now
A girl brought Bitou a soft, fragrant little cake to eat
Thanks @covachong @fourdotmemezh
The plumbing behind $114 trillion in U.S. securities went onchain this week.
DTCC switched on its tokenization service Wednesday. 34 securities. Roughly $30 trillion in market value. 20 firms signed.
One day later, the biggest crypto exchange on earth lost $6.3 billion from its hot wallets. Same week. Two very different custody stories, guys.
Wall Street built the boring parts first. Permissions. Controls. Legal rights that match the paper version.
Crypto built the casino first and the vault later, right? The next cycle goes to whoever makes custody boring.
Which side gets there first?
$INIT Short-selling strategy – bears are looking for further downside! 🐻📉Short now with 10x leverage: Entry price: $0.1690 – $0.1710; Take-profit 1: 0.1650; Take-profit 2: 0.1580; Take-profit 3: 0.1520; Final target: 0.1460; Stop loss: $0.1870; Margin: 1% – 3%. Risk warning: If Take-profit 1 is reached, you can take partial profits and move the stop loss to the entry price to protect your funds. Click below to trade on $INIT ...👇
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INIT-2.53%
Weak, and oversold does not mean the bottom is in. $SNDKB is currently at 1,146.35. Trends are weak across both short and longer timeframes. The one-hour RSI is nearing 30, and the four-hour RSI is even lower. The decline has been deep, but trading participation is below 60%, suggesting this drop looks more like a slide caused by a lack of buyers than a confirmed halt in the decline. If a bottom were truly forming, why hasn’t there even been one high-volume rebound on the shorter timeframe? My view is that rebound demand is growing, but there is still no evidence of a reversal. The bearish out
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It took me 15 years to realize that trading isn’t about the market—it’s about your mindset. I get it now. Every time I set a stop-loss, it gets hit, and then the market immediately turns around. Now I’m afraid to set one at all. That’s not discipline; it’s gambling with your life. Profits only count if you can hold on to them. Any gains you can’t keep are just money passing through. If you have anything to add, see you in the comments.
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I enjoy reading writing that paints a picture of a happy, beautiful life.
$AIN Opening another large short position—thank me later. Stop-loss: 0.27; take-profit: 0.17. Short now $AIN 👇
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AIN+3.85%
$LSK IS TRENDING!
REMEMBER THIS COIN?
It made me $1 MILLION in a single trade!
That was one of the BEST trading days.
WHAT A MEMORY!
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LSK-5.32%
$ZBT USDT is trading around $0.07169, up 3.1% over 24 hours despite a recent 2.45% decline. Volume has increased by 494.3%, suggesting an active battle between buyers and sellers. The key question is whether the latest dip becomes a buying opportunity or develops into a deeper correction.
Support Zone: $0.0695–$0.0680
Resistance Zone: $0.0735–$0.0750
Next Bullish Target: $0.0770 if resistance breaks
Bearish Target: $0.0660 if support is lost.
A confirmed bounce above resistance could restore bullish momentum. Failure to defend support may invite additional selling. Avoid chasing a move without
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ZBT+1.57%
$CXMT Is this for real? So much profit
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CXMT-1.22%
market update
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**CRAZY WEDNESDAY FANTASY PARTY!** 🔥
It's time to liven up the special event with all kinds of exciting surprises!
#CrazyWednesday #FantasyParty #CryptoCommunity #CryptoRewards #TradingCommunity #Gateio #CryptoEvent #DigitalAssets #Web3 #CryptoIndonesia
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