đ #CryptoNews: The Tech Market Is in Trouble, But BTC Still Has a Chance to Break Out! đ
- The âMagnificent Sevenâ Stocks Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla Are Losing Momentum Due to Disappointment in AI Development.
- Research from Sandeep Rao Shows AI Hasnât Significantly Reduced Labor Costs, Disappointing Investors.
- Tesla Down Over 19% YTD, Nvidia Up Over 117% YTD.
- Excessive AI Spending Could Extend Payback Periods, Causing Big Tech Companies to Slow Down AI Investments.
- All âMagnificent Sevenâ Stocks Are Down Over the Past Month, Tesla Down Over 21%, Nvidia Over 20%.
- This Drop Could Impact BTC Price, According to Akshay Nassa and Alvin Kan.
What Do You Think About BTCâs Future? Comment Now! đŹ#Bitcoin#Blockchain#TechNews#Finance