Three Potential Triggers for the Tech Market Selloff
A big one is disappointment in AI. Plus: Crypto’s biggest fans pin hopes on Trump.
Traders at the New York Stock Exchange on Monday morning.
Photographer: Michael Nagle/BloombergAt noon in New York, the S&P 500 and Nasdaq 100 were deep in the red, but had recovered from a precipitous opening. The drama started early on Monday when Asian markets opened to a selloff. Mark Bergen takes a look at what the US tech sector has to do with all this. Plus, a visit to the Bitcoin conference where enthusiasts pin their hopes on Trump, and why 2024 Mark Zuckerberg knows you’re going to turn him into a meme. If this email was forwarded to you, click here to sign up.
Was it Warren Buffett, the Bank of Japan or the AI bubble bursting?