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๐Ÿš€ Market Turmoil: Tech Giants Take a Hit! ๐Ÿš€

Nvidia, Google, and Meta faced a rough patch as the stock market tumbled. Nvidia's shares dropped by 6%, with the "Magnificent Seven" losing around $620B in market cap. Delays in Nvidiaโ€™s next-gen AI chips added to the woes.

๐Ÿ“‰ Broader Market Impact ๐Ÿ“‰

Apple also saw a dip after Berkshire Hathaway cut its stake. Nasdaq, S&P 500, and Dow Jones all experienced declines, with volatility spiking. Japan's surprise rate hike added fuel to the fire.

๐Ÿ” Fed's Role & Future Outlook ๐Ÿ”

Speculation about aggressive Fed rate cuts is rising. Despite the chaos, some analysts see this as a market correction rather than a collapse. Stay tuned!